- XRP overtakes Ethereum in Coinbase’s Q2 2025 revenue, indicating a shift in trading dynamics.
- Coinbase reports XRP accounting for 13% of transaction revenue, higher than Ethereum.
- Institutional interest and regulatory clarity boost XRP’s market position.
XRP has surpassed Ethereum in Coinbase’s Q2 2025 transaction revenue, marking a significant shift in trading dynamics driven by institutional interest and regulatory clarity.
The change highlights evolving user preferences for cost-effective cross-border solutions, signaling potential shifts in market and institutional strategies.
Main Content
In a significant shift in trading dynamics, XRP surpassed Ethereum as the leading altcoin on Coinbase in Q2 2025 transaction revenue. This change comes as increased institutional interest and recent regulatory clarity enhance XRP’s appeal as a preferred altcoin.
Ripple Labs, led by CEO Brad Garlinghouse and CTO David Schwartz, has seen XRP take the lead with Coinbase’s Q2 report detailing XRP’s substantial market share. The rise follows Ripple’s legal victory over the SEC in 2023.
“XRP accounted for 13% of the platform’s transaction revenue, edging out Ethereum, which captured 12%.” – Brian Armstrong, CEO, Coinbase, source
Impacts on investors and exchanges are notable as XRP accounted for 13% of Coinbase’s revenue, surpassing Ethereum’s 12%. This marks a significant realignment in trader preferences and institutional engagement with XRP.
Increased demand for XRP has driven a rise in OTC trades, now comprising approximately 19% of XRP’s total global trading volume. This reflects a growing adoption driven by fintech and enterprise solutions.
Enhanced liquidity and favorable trading conditions are shaping XRP’s market landscape, further bolstered by historical precedents such as SEC rulings that initially spurred XRP adoption. The altcoin’s surge reflects broader trends and its utility in cross-border payments.
