Ripple projects record $900 million annualized product revenue as XRP drops 30% this year

Ripple announced on Oct. 28 that it is on track to exit 2026 with a record $900 million annualized product revenue run rate, driven by expanding institutional partnerships and growing demand for its financial infrastructure. The company completed over $2.4 billion in acquisitions, including Hidden Road and GTreasury, and its products enabled more than $16 trillion in transactions in 2025. However, XRP has fallen nearly 30% this year and over 50% in the past 12 months, highlighting a widening gap between Ripple's commercial growth and its cryptocurrency's market performance.