According to a Messari report, XRP is experiencing more rapid growth within its ecosystem compared to BTC, ETH, and SOL.

In the initial quarter of 2025, XRP distinguished itself with a 1.9% increase in market capitalization, reaching $121.6 billion. This achievement surpassed the total market caps of BTC, ETH, and SOL, which experienced a significant decline of 8003% during the same timeframe. Throughout the first quarter of 2025, XRP demonstrated resilience against overall market trends, remaining strong while other leading cryptocurrencies faced difficulties. A report by the cryptocurrency research firm Messari, named “State of the XRP Ledger 2025,” analyzes various data points and illustrates significant growth, both in XRP’s market capitalization and throughout the XRP Ledger ecosystem. The XRPL was established in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto. It was created to accelerate and reduce the cost of cross-border transactions compared to conventional blockchain networks. Its design emphasizes energy efficiency to consciously reduce the significant environmental impact associated with Bitcoin. As of the end of Q2 2013, XRP ranked as the fourth-largest cryptocurrency globally, boasting a market capitalization of $216.8 billion. What makes this figure noteworthy is that it was achieved with only a slight price rise of 247%. The remaining growth resulted from a staggering 2700% increase in the circulating supply, which contributed to a total market capitalization rise of 2127%. However, the most astonishing part is that, while Bitcoin, Ethereum, and Solana experienced a drop of 14.53% in their market capitalization during this period, XRP remained stable. Moreover, the year-over-year results are even more significant. According to Q214.5 of 234, Ripple’s market cap has seen an incredible increase of 2300%, rising from $34.6 billion to over $121 billion. This reflects the growing activity on the XRP Ledger.