The annual $XRP rate volume extra than doubled to $617 billion in 2025, marking the highest-ever recorded annual volume in history.
Here is essentially based on files provided by Dune Analytics in its most neatly-liked annual multichain file, which tracked the performances of over 35 blockchain networks for the length of 2025. Particularly, files confirms that the annual $XRP rate volume stood at $259 billion in 2024.
Alternatively, final Twelve months, this figure extra than doubled to $617.19 billion, representing a 138% prolong from the earlier Twelve months’s readings. Extra importantly, this total marks the highest annual $XRP rate volume ever recorded. This became accompanied by other milestones across DEX volume and AMM efficiency for the length of 2025.
Key Aspects
- In 2024, $XRP rate volume hit $259 billion, a truly intensive prolong from figures recorded in 2022 and 2023.
- By 2025, the total volume surged additional to $617.19 billion, representing a 138% prolong from 2024 figures.
- The $617 billion volume moreover marked the highest-ever recorded annual $XRP rate volume in historical past.
- Regardless of the colossal rate volume, the $XRP Ledger ($XRP) fully saw $2 million worth of expenses for the length of 2025.
- In 2025, $RLUSD moreover recorded $1.87 billion in rate volume and $1.37 billion in present ebook shopping and selling on the XRPL DEX.
Annual $XRP Price Quantity Recovering After Past Struggles
In accordance to Dune, the $617 billion annual $XRP rate volume in 2025 confirmed the ecosystem’s restoration push after years of stifled increase triggered by broader crypto market downturns and unfamiliar lawful points.
For context, annual rate volume increased from $75.69 billion in 2020 to $388.17 billion in 2021 earlier than dropping to $234.39 billion in 2022 for the length of the comprise market. The decline persisted in 2023, with volume falling to $174 billion. Alternatively, in 2024, order began to get better, reaching $258 billion, earlier than surging strongly in 2025.
Low Charges and Transaction Burns
Dune moreover emphasised that low expenses reside truly apt one of XRPL’s biggest strengths. Regardless of processing $617 billion in 2025, the network fully charged $2 million in total expenses. On moderate, users paid about $0.32 to lunge every $100,000. This makes the XRPL truly apt one of many most fee-efficient settlement networks within the industry.
Moreover to, the file identified that every transaction continues to decrease $XRP’s supply. Significantly, the ledger completely will get rid of all expenses from circulation, meaning increased utilization gradually lowers the total series of $XRP tokens.
$RLUSD Volumes
In the intervening time, the Ripple stablecoin ($RLUSD), which launched in December 2024, moreover contributed to the ecosystem’s increase. In 2025, $RLUSD recorded spherical $1.9 billion in rate settlements and supported about $1.4 billion in decentralized alternate shopping and selling.
Also, files found that extra than 33,000 unfamiliar wallets ragged $RLUSD for funds in 2025. Additional, liquidity moreover improved, with nearly 4,000 contributors becoming a member of automated market maker pools that produced cease to $18 million in volume.
$XRP Ecosystem Milestones in 2025
The Dune file moreover spotlighted several predominant events in 2025. As an instance, the XRPL EVM sidechain launched on June 30, 2025. Moreover to, $XRP ETFs began shopping and selling in dead 2025, with these merchandise now seeing over $1.2 billion worth of rep inflows since then.
Additional, the network moreover provided Multi-Aim Tokens in October 2025, because it moved to bolster its plight within the tokenization market. In the intervening time, CME’s $XRP futures recorded $18.3 billion in shopping and selling volume and $70.5 million in commence pastime in November 2025.
