Crypto para Analysis company Messari said, “In the first quarter of 2025 XRP The status of the network ”.
According to the report, the XRP positively decomposed from other large crypto assets in terms of market value and network efficiency.
In the first quarter of 2025, the market value of XRP increased by 2 %on a quarter basis (QOQ); The total market value of Bitcoin (BTC), Ethereum (ETH) and Solana (left) decreased by 22 %in the same period.
The Stablecoin Rlusd, which was fixed to the US dollar by Ripple, rose to the network’s largest stablecoin with a market value of $ 44.2 million on the XRP Ledger (XRPL).
On April 8, Ripple acquired Hidden Road, a global and very wealthy Prime broker. With this step, Ripple became the first crypto company to add such an intermediary institution. Hidden Road is planned to move post-traine operations to XRPL and use the Rlusd Stablecoin as a guarantee.
On March 31, the Ethereum Virtual Machine (EVM) of XRPL was opened on Testnet. Mainnet launch is planned in the second quarter. In addition, a new road map was announced on XRPL that will make local smart contracts possible. As the first step of this process, the “Extensions” feature that allows developers to add code to existing XRPL structures will be presented.
According to the Messar report, all basic metrics on XRPL increased in the second quarter in a row. This took place for the first time since Messar started analyzes in 2023 on the XRP network. The most remarkable increase was seen in the number of daily active addresses reaching 134,600 with a 142 %increase. This increase points to the growth of both new and existing users.
The daily average central Emir Book (CLOB) volume increased by 74 %to $ 13.7 million, while the automatic market maker (AMM) volume decreased by 13 %to 4.5 million dollars. Payment transactions increased by 36 %after a 8 %decrease in the previous quarter and reached 1.12 million.
On XRPL, new protocols were also proposed to prepare the ground for regulatory compatible corporate usage scenarios. With the “Credentials” feature, identity authentication (KYC) and money laundering prevention (AML) compatibility are provided, while “Permissioned Domains” can be created with only areas of access to users with certain identity information.
*It is not an investment advice.
For special news, analyzes and on-achain data Telegram Our group, Twitter Our account and Youtube Follow our channel now! Moreover Android ve IOS Start Live Price Tracking by downloading our applications!
Source: https://www.bitcoinsistemi.com/ripple-xrp-icin-beklenen-rapor-geldi-iste-agin-son-durumu-ve-sagligi/
