SBI’s Report Shows XRP’s 7X Surge & Growing Market Presence
Major chain partner SBI Holdings has just dropped a financial report revealing eye-opening details about XRP. From its circulation supply to its soaring market value, the report highlights the impressive rise of XRP. What is even more surprising is that over time, the value of XRP is multiplied by, which reflects its strong position in the market.
XRP Supply Failure: Cycle, Hosting and Combustion Mechanisms
according to SBI’s financial report In the fiscal year ended March 2, 2025, the market circulated approximately 57.76 billion XRP in the market. The maximum supply is 100 billion XRP, which means there is still a large portion.
The report also notes that Ripple currently holds 4.79 billion XRP, while 37.43 billion XRP is still locked in hosting. The hosting system ensures gradual release of XRP to prevent excessive market supply.
Another key aspect discussed in the report is burning XRP through transaction fees. So far, 001 million XRP has been burnedreduces the total supply over time.
At the same time, this combustion mechanism helps maintain the efficiency and security of the XRP ledger by preventing spam transactions.
SBI’s XRP Reward for Shareholders
The report also provides insights on shareholder benefits distributed by SBI in XRP. Since March 2020, SBI has rewarded shareholders with XRP five times, totaling 796 XRP per shareholder.
Initially, the value of these distributions was about 8,000 yen, and the average calculated per XRP was 50.2 yen. However, as of February 6, 2025, the value soared to 354.6 yen per XRP, almost seven times the original value. This increase reflects the strong market performance and growing adoption of XRP.
The partnership with Ripple continues to grow
In addition, the long-term partnership between SBI and Ripple continues to expand. SBI owns 9% of Ripple shares and plays a role in facilitating XRP adoption. The two companies established SBI Ripple Asia in 2016 to enhance cross-border payments in the Asia-Pacific region.
In 2021, SBI Remit launched Japan’s first international remittance service using XRP. Now the cooperation is set to Extend to NFT spaceplans to issue NFT to the XRP ledger at the 2025 Expo in Osaka, Japan.
In addition, SBI recently launched the US dollar-related Stablecoin Rlusd, further strengthening its presence in the digital asset space. The strong partnership between SBI and Ripple continues to push XRP forward, making it a key player in the evolving cryptocurrency landscape.
