Ripple Has Processed $95B In Payments—Here’s Why That Didn’t Lift XRP Price
Ripple (CRYPTO: XRP) has processed $95 billion in payments in total, but XRP’s performance in 2025 shows that price and adoption do not always move in lockstep.
The Infrastructure Narrative Lost Its Edge
For much of the past cycle, the XRP thesis rested on adoption.
More banks on RippleNet meant more volume, and more volume was expected to translate into higher XRP prices.
By that logic, more than 4 billion XRP Ledger transactions, roughly $95 billion in on-demand liquidity volume, and over 300 banking partners should have pushed XRP meaningfully higher.
However, infrastructure growth alone does not guarantee token appreciation unless control and economic capture also accrue to the token itself.
Ripple Strengthened Its Position, Not XRP’s
The biggest gains in 2025 went to Ripple Labs, not XRP holders.
Ripple secured approval to operate Ripple National …
About The Author
