Comments Ripple CEO Brad Garlinghouse:

Suffice it to say – Q4 2024 was absolutely one for the XRP history books. 5 different firms filed for XRP-related ETPs in the U.S. (plus 4 more this month ); RLUSD launched, hitting a $100M market cap within a month; and on-chain XRPL DEX trading volume reached $1B in Q4! More (pretty incredible) stats in our quarterly XRP Markets Report.

Key points in a nutshell:

• The report highlights a significant 280% price movement of XRP, driven by reduced regulatory uncertainty, suggesting that clarity in regulation has a direct positive impact on XRP’s price.
• A policy shift in the U.S. towards regulatory clarity and banking access for cryptocurrencies is noted, which is crucial for the adoption of XRP in traditional financial systems.
• Institutional momentum, as evidenced by 5 issuers filing for a spot XRP ETF, indicates growing institutional interest which could lead to broader adoption and potentially stabilize or increase XRP’s price through increased liquidity and investor confidence.

The Q4 XRP Markets Report is here: https://t.co/o9JkhxgGT7

The final quarter of 2024 brought key developments for XRP and the broader crypto industry:

📈 280% price movement – As regulatory uncertainty faded, XRP demand soared.

🏛 Policy shift – U.S. shifts toward regulatory…

— Ripple (@Ripple) January 31, 2025