Ripple’s XRP Holdings Show Notable Shift in Q1 2025 Compared to Late 2024
Ripple has released updated data detailing the evolution of its XRP holdings since the final quarter of 2024, along with other key insights into the state of the XRP ecosystem.
As a foundational player behind the XRP Ledger and a leader in blockchain-based cross-border payments, Ripple was initially allocated 80 billion XRP in 2012 to drive its growth. Although its holdings have declined over time, the company still controls more than 40% of XRP’s total 100 billion supply.
In its recent market update, Ripple outlined its current XRP balances in comparison to Q4 2024. These holdings are divided into two main categories: XRP available in Ripple’s active wallets and XRP held in escrow. The company uses the wallet funds for operational and payment services, while the escrow mechanism releases 1 billion XRP monthly, though Ripple routinely returns a large portion of that amount.
According to the Q4 2024 attestation, Ripple held approximately 4.49 billion XRP in its wallets and 38.03 billion XRP in escrow. By the end of Q1 2025, those figures changed to 4.56 billion XRP in wallets and 37.13 billion XRP in escrow — reflecting an increase of over 79 million XRP in its usable holdings and a decrease of 900 million XRP in escrow.
Interestingly, while the standard release rate from escrow would suggest a reduction of 3 billion XRP by the end of the quarter, Ripple typically locks back about 70% of the monthly release, resulting in a slower net decrease.
The scale of Ripple’s XRP holdings has been a subject of ongoing discussion in the crypto space. While critics argue it concentrates too much control, others — including XRP researcher Anderson — view Ripple’s stake as a catalyst for long-term ecosystem development and adoption.

Other Highlights from Ripple’s Q1 2025 Report
Ripple also announced it will discontinue its quarterly market reports in their current format, pointing to potential regulatory misinterpretation of shared information. The company stated that while detailed disclosures may end, it remains committed to transparency via official communications and public tracking of its XRP holdings.
The report further underscored growing institutional interest in XRP-related products. Key developments include:
- Franklin Templeton’s filing for a spot XRP ETF
- CME Group’s expansion to include XRP derivatives
- The launch of Teucrium’s 2x Long Daily XRP ETF — the first XRP futures product in the U.S.
Additionally, Ripple noted the temporary pause in the SEC’s legal case against the company and highlighted its recent $1.25 billion acquisition of the brokerage platform Hidden Road.
Disclaimer: This article is for informational purposes only and should not be interpreted as financial advice. The views expressed may reflect the author’s personal perspective and not necessarily those of The Crypto Basic. Readers should conduct their own research before making investment decisions. The Crypto Basic does not take responsibility for any financial losses.