Ripple said the number of customers and partners using more than one of its products tripled this year, while the price of XRP fell by about 30% over the same period.
According to a company statement reported by The Block, Ripple expects to reach an annualized revenue run rate of $900 million from its products by the end of 2026. The forecast covers payments, custody, stablecoins, institutional prime brokerage, and treasury services.
This measure refers to the expected revenue pace at the end of the year, annualized; it was not reported as total revenue earned throughout 2026. The tripling of customers and partners using more than one product was a key growth indicator in the company’s strategy of offering its services together.
Growth in Payments and Stablecoins
Ripple expects the total volume processed by its payments network since its launch to approach $150 billion by year-end. The market capitalization of the company’s dollar-backed stablecoin, RLUSD, has reached $2.6 billion.
CEO Brad Garlinghouse said financial transactions are moving to infrastructure that can operate in real time around the clock, and that tokenized assets can be used not only for trading but also for financing and collateral.
Aviva Invests £50 Million in a Share Class on the XRP Ledger
Aviva Investors launched a tokenized share class on the XRP Ledger for its £22 billion liquidity fund and invested £50 million, or about $66.7 million, in the new share class. This clarified the amount allocated to the new share class on the blockchain, separately from the fund’s total size.
Brevan Howard also expanded its relationship with Ripple to include prime brokerage, clearing, and financing services. Swap contracts based on more than 100 markets, added by Ripple Prime this month, offer round-the-clock trading and settlement; institutional clients can use RLUSD as collateral.
The company’s growth announcement followed its receipt of final approval to establish a national trust bank in the United States and its tokenized trade finance partnership with BNY.
The Company’s Growth Did Not Translate the Same Way Into XRP’s Price
According to the figures in the report, XRP had lost about 30% of its value since the start of the year, despite a rally in early August. The token’s market capitalization stood at about $83 billion.
Spot XRP ETF trading volume has increased in recent months but remained behind that of Bitcoin, Ethereum, and Solana funds. The total net assets of XRP funds were recorded at about $1.5 billion as of October 26. This meant that growth in the use of the company’s products and the token’s price performance presented different pictures.
Not investment advice.