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Coinbase’s Q2 2025 earnings report revealed an unexpected shift in trading revenue, with XRP surpassing Ethereum in contributions. The resurgence follows XRP’s relisting after a favorable court ruling, marking a major comeback for the token.
- XRP contributed 13% of Coinbase's Q2 revenue, surpassing Ethereum (12%) and trailing only Bitcoin (34%).
- Coinbase aims to become an 'everything exchange' with DEX integration, tokenized stocks, and derivatives.
- Analysts predict rapid on-chain adoption due to eased US crypto policies and frictionless services like Morpho.
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