Ripple has announced an overhaul of its quarterly XRP markets report to address the increased institutional interest in the altcoin. Thanks to a renewed interest and shifting market narrative, Ripple is making new changes to enhance its transparency efforts. It will retire the current format after the Q2 2025 report.

SEC and regulatory concerns are also another reason why Ripple is making changes to its quarterly report. The current format didn’t have the “intended effect,” and it was often used against the company during the regulatory disputes with the former SEC officials. Even though the aim of the report was to enhance transparency, the company had to face challenges at every step of the way.

Institutional Interest Increase in XRP

Institutional investors are showing a notable interest in XRP. As per the XRP markets report of Q1 2025 by Ripple, the first quarter of the year saw XRP-based investment products bring in $3.37 million in net inflows. This brings the year-to-date total to $214 million, which is just $1 million short of ETH-focused funds. The surge coincides with new ETF filings tied to XRP in both the U.S. and Brazil, with a leveraged XRP ETF already live since April.

Another thing to note is the current market performance of XRP, which is further reinforcing its momentum. The altcoin outpaced both the ether (ETH) and Bitcoin (BTC) during Q1. The altcoin’s rally reached nearly 50% in early February while the broader market was filled with uncertainty. The BTC/XRP trading ratio rose by over 10%, highlighting the cryptocurrency’s relative strength.

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The spot trading activity of XRP remains good with an average daily volume of $3.2 billion. 40% of that activity comes from Binance, whereas Coinshare and Upbit are right behind it. Market volatility began in February, with realized volatility touching 130%, as XRP reached price levels that were last seen in early 2018.

Meanwhile, the on-chain activity of the XRP Ledger slowed down after a period of expansion in late 2024. Transaction volume and wallet creation fell by 30-40%, which was in line with the broader market situation. Decentralized Exchange (DEX) volumes declined by only 16%, sustained by the growth of RLUSD. The stablecoin now boasts a market cap above $90 million and over $300 million in cumulative DEX trading volume. With institutional interest rising and market dynamics evolving, Ripple’s quarterly report overhaul aims to better align with the shifting crypto landscape and cement XRP’s growing role in digital finance.

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