XRP (XRP), the default cryptocurrency of XRP, has been promoted by supporters as a high -speed low cost solution for border payments. But how much value is it through the network every day? Let’s review.
Since Trump’s reelection, XRP volume has increased.
Based on the latest data from GlassNode, XRP’s daily transfer is settled in a blockchain for US dollars, often between $ 300 million and $ 1 billion.
However, since November 2024, when Donald Trump won the US presidential election, XRP is likely to be promoted by the XRP’s price boom in the same period, with an average of $ 2.22 billion per day.
XRP total transmission. Source: Glass Node
In other words, these spikes do not necessarily reflect steady adoption or payment activities. Instead, they may be more associated with the reorganization between speculative behavior, ripple transfer, whale movement and exchange.
Ripple is behind many large XRP transmissions
One of the important factors behind the spike of the daily volume of XRP is the large -scale token sales of CHRIS Larsen, co -founder with Ripple.
XRP sales of Chris Larsen (2024–2025):
50,000,000 #xrp (29,120,312 USD) It was transferred to unknown Wallethttps: //t.co/d9iopmqepm from Chris Larsen
-Whale alert (@whale_alert) September 16, 2024
This sales have reduced the amount of XRP reserves from 500 million to 410 million XRP.
Previously, the SEC estimated that Larsen sold XRPs worth $ 468 million between 2017 and 2020.
Sales of 2024–2025 were outstanding with the XRP’s rally and over $ 3 in size and timing.
Sale of Ripple’s XRP Escrow (2017–2025):
Ripple began selling XRP at Escrow in 2017, and launched up to 1 billion XRPs/months to return tokens that were often not sold.
In the fourth quarter of 2017, we sold $ 96 million during the 30,000% rally of Cryptocurrency.
In the third quarter of 2018, Ripple sold $ 163 million in volatile markets.
In the second quarter of 2019, the company sold $ 225 million from XRP, one of the biggest sales.
In the first quarter of 2020, sales fell to $ 17.5 million and were probably caused by the regulatory pressure of the SEC.
In 2021, Ripple reports about $ 1.5B.
This suggests that Ripple tends to increase sales during the strong period.
relevant: When selling XRP, you must act with ‘Ripple’ and ‘self -interest. Ripple CTO
In 2017, RIPPLE locked 55 billion XRP, the majority of total supply, and signed a series of escrow. Each contract has held 1 billion XRPs and will be released more than 55 months a month.
However, the unused part is returned to escrow, a new contract has been pushed to the back of the queue, that is, for 55 months.
During the active sales period, these movements can noticeably soar when paired with high speculation interests.
🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 370,000,000 #xrp (778,259,699 USD) It is submerged in escrow #ripplehttps://t.co/rk079yzgnf
-Whale alert (@whale_alert) April 2, 2025
Bitcoin and Ether Leeum surpass the XRP as a whole
Bitcoin and Ethereum continue to dominate XRP in terms of daily capital and emphasize extensive adoption and trust in these ecosystems.
According to GlassNode, the total average daily transmission of Bitcoin in the total data set is about $ 23.2 billion.
Bitcoin total transfer volume. Source: Glass Node
In recent years, the network has settled an average of $ 64 billion a day over the past 30 days, which can be caused by powerful institutional flow, ETF -centered activities and speculative transactions.
Meanwhile, Ether Leeum’s total daily capital is about $ 25.3 billion. But the recent 30 -day average is about $ 56.7 billion.
Ether Leeum Gun Transport Volume. Source: Glass Node
The total transmission amount reflects the actual usage
The transmission volume is a major on -chain metric that shows how many real values are settled every day through the blockchain. A large amount of amount, especially if it persists, indicates that there is a greater user activity in moving money to Onchain.
Bitcoin and Ethereum see consistent activities of managers, ETFs and Defi apps.
However, XRP seems to focus on trading cycles. ODL (On-Demand Liquidity) suggests that the onChain volume is limited to adoption between companies, despite Ripple’s efforts to promote XRP at the border settlement.
However, XRPL recently introduced Stablecoin, tokenization and EVM compatible tools.
relevant: Redeemed Arc in 2024: Ripple’s Victory, Memecoins’rise, RWA Growth
For example, in the fourth quarter of 2024, the director’s automatic market manufacturer (AMM) volume increases by 3,100%, reflecting the index growth of use.
As of December 31, 2024, XRP Director Keymetrick. Source: Mesari
But this innovation has not yet produced a volume level similar to Ethereum and Bitcoin.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.