<ul><li>Ripple acquired global prime broker Hidden Road in Q1, signaling a move towards expanding XRP Ledger's DeFi and institutional finance capabilities.</li><li>RLUSD market cap on the XRP Ledger rose by 304% in Q1, reaching $44.2 million by March 31, 2025, indicating increasing stablecoin demand and utility.</li><li>Daily active addresses on XRPL saw a 142% increase, showing higher user engagement and wallet activity.</li><li>Central Limit Order Book (CLOB) trading volume on XRP Ledger rose by 74% per day on average, indicating growing market participation and liquidity.</li></ul>

XRP Ledger Q1 Update: RLUSD Surges, Hidden Road Acquisition Signals Institutional Pivot

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