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- XRP’s TVL surpasses $80M, fueled by DeFi growth and strong network activity.
- Speculation around a potential XRP ETF sparks increased institutional interest.
According to a report by CNF in late 2024, the XRP Ledger AMM’s Total Value Locked (TVL) has shown a steady uptrend, reaching over $7.7 million amidst a long-term bullish outlook. Currently, XRP has kicked off 2025 with impressive momentum, establishing itself as a rapidly growing asset in the decentralized finance (DeFi) space.
Specifically, its TVL has soared, indicating heightened adoption and confidence in its ecosystem. This surge, coupled with increased network activity and speculation about a potential XRP ETF approval, has drawn significant attention from both retail and institutional investors.
XRP’s TVL Experiences Remarkable Growth
Recently, XRP’s TVL surpassed the $80 million mark, a substantial increase from less than $20 million just a few months prior. This growth reflects rising confidence in the XRP Ledger’s DeFi applications and expanding liquidity. As shared in an intriguing tweet by a community member, this highlights the current #XRP ETF lineup.
This is #XRP ETF lineup so far.
All will be approved soon. ✅
U Are Not Bullish Enough 🤯 pic.twitter.com/314GvYXObi
— Amonyx (@amonbuy) December 26, 2024
The initial major spike occurred in November 2024, crossing $60 million. Despite some fluctuations in December, XRP began 2025 with a renewed uptrend, now stabilizing above $80 million. This trend underscores XRP’s expanding presence in the DeFi and broader blockchain ecosystems.
Enhanced Network Activity and User Engagement
Beyond the TVL surge, XRP’s network activity has shown notable strength. Data indicates a significant increase in new wallet addresses interacting with the blockchain, suggesting growing adoption. Active addresses have consistently risen, peaking at over 110,000 in late January 2025 before a slight decline.
This uptick in network participation points to heightened trading activity and on-chain utility, factors that typically support price appreciation.
Another report suggests that a key driver behind XRP’s recent growth is speculation about a potential ETF approval. Analysts believe that regulatory clarity for altcoins like XRP could pave the way for a spot XRP ETF, significantly boosting institutional interest.
Price Performance and Market Outlook
XRP’s price has mirrored its network expansion, maintaining an overall bullish structure despite minor corrections. As of now, XRP is trading at $2.37, reflecting a slight intraday decline of 17.72% in the past day and 15.32% in the past week. See XRP Price chart below.
However, its long-term trend remains intact, with XRP significantly up from its 2024 lows. The 50-day moving average sits at $2.61, well above the 200-day moving average at $1.26, signaling sustained upward momentum. Strong support lies around $2.50, a level where increased buying activity could prevent further downside.
