How many US dollars does XRP transfer per day?

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XRP (XRP), the autochthonal cryptocurrency of the XRP Ledger (XRPL), has been touted by proponents arsenic a high-speed, low-cost solution for cross-border payments. But conscionable however overmuch worth flows done the web connected a regular basis? Let’s examine.

XRP volumes person risen since Trump’s reelection

Based connected recent information from Glassnode, XRP’s regular transportation measurement settled connected its blockchain successful US dollars often ranges betwixt $300 cardinal and $1 billion.

However, since November 2024, erstwhile Donald Trump won the US statesmanlike election, XRP has settled an mean of $2.28 cardinal per day, signifying heightened web enactment apt fueled by XRP’s terms boom successful the aforesaid period.

XRP full transportation volume. Source: Glassnode

That said, these spikes don’t needfully bespeak dependable adoption oregon outgo activity; instead, they could further beryllium tied to speculative behavior, Ripple-related transfers, whale moves, and reshuffling betwixt exchanges.

Ripple is down galore large XRP transfers

One important origin down the spikes successful XRP’s regular transportation measurement is ample token income by Ripple and its co-founder, Chris Larsen.

Chris Larsen’s XRP income (2024–2025):

  • On Sept. 18, helium transferred 50 cardinal XRP (~$29 million) from a wallet inactive for 11+ years.

🚨 🚨 50,000,000 #XRP (29,120,312 USD) transferred from Chris Larsen to chartless wallethttps://t.co/D9iopMqePM

— Whale Alert (@whale_alert) September 16, 2024
  • By aboriginal 2025, Larsen had sold implicit $116 cardinal worthy of XRP.

  • These income reduced XRP reserves connected 1 of his wallets from 500 cardinal to 410 cardinal XRP.

  • Previously, the SEC estimated Larsen sold ~$453.69 cardinal worthy of XRP betwixt 2017 and 2020.

  • The 2024–2025 income basal retired for their standard and timing during XRP’s rally past $3.

Ripple’s XRP escrow income (2017–2025):

  • Ripple started selling XRP from escrow successful 2017, releasing up to 1 cardinal XRP/month, often returning unsold tokens.

  • It sold $91.6 cardinal during the cryptocurrency’s 30,000% rally successful Q4 2017

  • In Q3 2018, Ripple sold $163 cardinal during volatile markets.

  • In Q2 2019, the steadfast sold $251 cardinal successful XRP, 1 of its largest sales.

  • Sales dropped to $1.75M successful Q1 2020, apt owed to regulatory unit from the SEC.

  • Across 2021, astir $1.5B were sold, per Ripple’s reports.

  • This suggests that Ripple tends to ramp up income during bullish periods and standard backmost during XRP terms downtrends.

Related: Ripple ‘should enactment successful its ain interest’ erstwhile selling XRP — Ripple CTO

In 2017, Ripple locked 55 cardinal XRP—the bulk of the full supply—into a bid of escrow contracts. Each declaration held 1 cardinal XRP, acceptable to beryllium released monthly implicit 55 months.

However, immoderate unused information is returned to escrow, with a caller declaration pushed to the backmost of the queue, i.e., re-locked for 55 months.

During progressive merchantability periods, these movements could effect successful noticeable spikes successful full transportation volume, particularly erstwhile paired with precocious speculative interest.

🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 🔒 370,000,000 #XRP (778,259,699 USD) locked successful escrow astatine #Ripplehttps://t.co/Rk079yzgNf

— Whale Alert (@whale_alert) April 2, 2025

Bitcoin and Ethereum outperform XRP overall

Bitcoin and Ethereum proceed to predominate XRP successful presumption of regular transportation volume, highlighting broader adoption and greater spot successful these ecosystems.

The wide mean regular transportation measurement for Bitcoin crossed the afloat information acceptable is astir $23.26 billion, according to Glassnode.

Bitcoin full transportation volume. Source: Glassnode

In caller years, the web has settled an mean of $64.03 cardinal per time implicit the past 30 days, apt owed to beardown organization flows, ETF-driven activity, and speculative trading.

Meanwhile, Ethereum's wide regular transportation measurement is astir $2.53 billion. But its caller 30-day mean of the aforesaid comes to beryllium astatine astir $5.67 billion.

Ethereum full transportation volume. Source: Glassnode

Total transportation measurement reflects real-life usage

Transfer measurement is simply a cardinal onchain metric, showing however overmuch existent worth is settled regular via blockchain. High volumes, particularly erstwhile sustained, bespeak greater idiosyncratic enactment successful moving wealth onchain.

Bitcoin and Ethereum spot accordant enactment from custodians, ETFs, and DeFi apps.

In XRP’s case, however, usage appears concentrated astir trading cycles. Despite Ripple’s efforts to beforehand XRP successful cross-border settlements via On-Demand Liquidity (ODL), onchain volumes suggest constricted adoption among endeavor users.

However, XRPL has precocious introduced tools for stablecoin issuance, tokenization, and EVM compatibility.

Related: Redemption arcs of 2024: Ripple’s victory, memecoins’ rise, RWA growth

In Q4 2024, for instance, the ledger’s Automated Market Maker (AMM) measurement increased by 3,100%, reflecting exponential maturation successful usage.

XRP Ledger Key Metrics arsenic of Dec. 31, 2024. Source: Messari

However, these innovations person yet to make measurement levels comparable to Ethereum and Bitcoin.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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