Ripple CEO Brad Garlinghouse described Q4 2024 as a historic moment for XRP. XRP saw growth in institutional interest with multiple ETF filings, including from Grayscale and Bitwise. RLUSD stablecoin reached a $100M market cap, while XRPL DEX hit $1 billion in Q4 trading volume. Ripple CEO Brad Garlinghouse has described Q4 2024 as a historic moment for XRP. In a post on X, he emphasized the significant growth in institutional interest in XRP, stablecoin adoption, and on-chain trading activity. The quarter saw a surge in regulatory filings for XRP-related exchange-traded funds (ETFs), with five firms applying to launch such investment vehicles in the United States. The momentum continued into 2025, as four additional firms submitted applications in January. Importantly, these firms include billion-dollar asset managers like Grayscale, Bitwise, and WisdomTree. Institutional Interest in XRP Is On The Rise The rise in ETF filings signals increasing demand from institutional investors. Crypto ETFs have become a popular avenue for traditional investors who want exposure to digital assets without directly buying and storing cryptocurrencies. Related: … The post Ripple’s XRP Had a Huge Q4 2024: ETFs, RLUSD, and DEX Volume Explained appeared first on Coin Edition .
