Ripple reported strong performance in the first quarter of 2025, highlighted by a 1.7% increase in its total XRP holdings, reaching 4.56 billion XRP as of March 31. The company completed a $1.25 billion acquisition of Hidden Road and saw growing institutional interest in XRP exchange-traded products (ETPs) globally. Following the resolution of its legal dispute with the U.S. Securities and Exchange Commission (SEC), Ripple announced it will discontinue its quarterly XRP Markets Reports after the second quarter of 2025. The decision to sunset these reports stems from the SEC previously using Ripple's transparency efforts against the company. Moving forward, Ripple plans to revamp its reporting approach to provide more detailed insights into institutional usage of XRP. Market analysts note increased volatility in XRP prices, with some projecting potential upward momentum toward a $10 valuation, supported by new institutional backing and the upcoming launch of CME futures contracts.