Exodus Expands Support for XRP Ledger
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 days ago
0mins
Should l Buy EXOD?
Exodus Movement announced expanded native support for the public blockchain XRP Ledger, XRPL, inside the Exodus wallet. As part of the expansion, Exodus is rolling out tools for managing and sending XRP directly from the Exodus wallet. In collaboration with Ripple, Exodus will also provide additional in-wallet support for Ripple USD. "Expanding XRPL support means more ways to use XRP without sacrificing self-custody or the simplicity of the Exodus experience," said JP Richardson, CEO and Co-founder of Exodus. "XRP is already a top asset in our wallet, and partnering with Ripple is a natural next step in making it easier to use every day."
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Analyst Views on EXOD
Wall Street analysts forecast EXOD stock price to rise
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 7.980
Low
25.00
Averages
34.20
High
44.00
Current: 7.980
Low
25.00
Averages
34.20
High
44.00
About EXOD
Exodus Movement, Inc. offers a self-custodial cryptocurrency platform. The Company is principally engaged in the business of creating and distributing self-custodial wallets for digital assets. It has developed software called the Exodus Platform, that supports fungible cryptocurrency assets ledgered on public blockchains as well as non-fungible tokens ledgered on public blockchains. Users can access the services offered and performed by its application programming interface providers that allow users to engage in services, such as digital asset exchanging, fiat onboarding and staking products for over 21,000 digital assets. The products it offers directly through the Exodus Platform include storing, sending, and receiving digital assets through the wallet functionality. Its users can send digital assets by inputting a public blockchain address and an amount to transfer and are able to receive digital assets by providing the sending party with the users’ own public blockchain address.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Exodus Wallet Expands XRP Ledger Support
- Enhanced Wallet Features: Exodus Wallet announces expanded native support for the XRP Ledger, enabling users to manage and send XRP directly within the wallet, addressing user demand for convenience and thereby enhancing user experience and platform activity.
- Stablecoin Integration: In collaboration with Ripple, Exodus will provide additional support for Ripple USD (RLUSD), a regulatory-compliant enterprise-grade stablecoin designed to enhance user flexibility in storing and transferring value, further solidifying Exodus's position in the digital asset space.
- User Demand Response: XRP ranks among the top assets in the Exodus wallet by user activity and swap volume, and this expansion reflects the growing user demand for native interaction with XRPL, laying the groundwork for broader support of XRPL-issued assets and enhancing the platform's market competitiveness.
- Strategic Collaboration Outlook: The ongoing partnership between Exodus and Ripple will drive further expansion of XRPL and RLUSD support, indicating Exodus's commitment to enhancing the self-custody experience and continuously innovating to meet diverse user needs in digital asset management.
See More
NORTHLAND CAPITAL LOWERS TARGET PRICE FOR EXODUS MOVEMENT INC (PRE-REINCORPORATION) TO $15 FROM $24
Exodus Movement Inc. Update: Northland Capital has reduced the target price for Exodus Movement Inc. shares significantly.
Target Price Adjustment: The new target price is set at $15, down from the previous $24.
See More
Exodus Launches Self-Custody Payment App Exodus Pay
- Product Launch: Exodus Movement, Inc. has launched Exodus Pay, enabling users to spend, send, and manage digital assets without fees while retaining control over their funds, marking a significant advancement in the digital payments sector.
- Market Coverage: Exodus Pay is currently available in select states including Nebraska, Texas, Florida, New York, and California, with a full national rollout planned through April, which will further expand its user base.
- Self-Custody Advantage: Unlike traditional payment apps, Exodus Pay allows users to manage their funds through a self-custodial wallet, mitigating the risks of account freezes and enhancing user control and security, aligning with current market demands for secure payment solutions.
- Revenue Potential: The launch of Exodus Pay opens a sustainable and scalable revenue stream for the company, with CFO James Gernetzke stating that this new product will enable Exodus to own the payment process, enhancing user experience and shareholder value.
See More
Exodus Movement Updates Bitcoin and Ethereum Holdings
- Increased Bitcoin Holdings: As of March 31, 2026, Exodus Movement held 628 Bitcoins, up from 610 the previous month, indicating the company's stability and growth potential in the cryptocurrency market.
- Ethereum and Solana Growth: On the same date, the company reported holding 1,857 Ethereum, an increase from 1,840 at the end of February, while Solana holdings rose from 15,694 to 17,541, reflecting the effectiveness of its diversified investment strategy.
- Stable User Engagement: Exodus recorded 1.5 million monthly active users at the end of March, maintaining a stable user base despite the broader industry slowdown, which lays a solid foundation for future growth.
- Declining Market Trading Volume: CFO James Gernetzke remarked that March was one of the slowest trading months the industry has seen, and Exodus's trading volume reflects this trend, highlighting the challenging market environment.
See More
Exodus Updates Digital Asset Holdings Amid Market Slowdown
- Digital Asset Growth: As of March 31, 2026, Exodus reported a Bitcoin holding of 628 BTC, up from 610 BTC at the end of February, indicating the company's ability to grow its asset base even amid market downturns, which enhances its financial stability.
- User Activity Decline: The monthly active users (MAUs) decreased to 1.5 million as of March 31, 2026, down from 1.6 million in February, reflecting the broader industry slowdown in trading volumes, which may impact future revenue growth.
- Significant Volume Drop: Exodus' exchange provider processed volume fell to $346 million in March 2026, down from $435 million in February, highlighting the challenges posed by the current market environment, with a decrease in the contribution from XO Swap partners affecting the company's revenue diversification strategy.
- Payments Infrastructure Development: CFO James Gernetzke emphasized that despite the drop in trading volumes, Exodus is advancing its payments infrastructure, aiming to provide a complete payments experience through Exodus Pay for customers, thereby diversifying revenue amidst market cycles.
See More
EXODUS MOVEMENT INC - REPORTS HOLDINGS OF 628 BTC, 1,857 ETH, AND 17,541 SOL AS OF MARCH 31, 2026
Exodus Movement: The Exodus movement has seen significant holdings of cryptocurrencies, including 628 BTC, 1,857 ETH, and 17,541 SOL as of March 31, 2026.
Cryptocurrency Holdings: The reported figures indicate a substantial accumulation of digital assets, reflecting the growing interest and investment in cryptocurrencies.
See More
Exodus Wallet Expands XRP Ledger Support
- Enhanced Wallet Features: Exodus Wallet announces expanded native support for the XRP Ledger, enabling users to manage and send XRP directly within the wallet, addressing user demand for convenience and thereby enhancing user experience and platform activity.
- Stablecoin Integration: In collaboration with Ripple, Exodus will provide additional support for Ripple USD (RLUSD), a regulatory-compliant enterprise-grade stablecoin designed to enhance user flexibility in storing and transferring value, further solidifying Exodus's position in the digital asset space.
- User Demand Response: XRP ranks among the top assets in the Exodus wallet by user activity and swap volume, and this expansion reflects the growing user demand for native interaction with XRPL, laying the groundwork for broader support of XRPL-issued assets and enhancing the platform's market competitiveness.
- Strategic Collaboration Outlook: The ongoing partnership between Exodus and Ripple will drive further expansion of XRPL and RLUSD support, indicating Exodus's commitment to enhancing the self-custody experience and continuously innovating to meet diverse user needs in digital asset management.
See More
NORTHLAND CAPITAL LOWERS TARGET PRICE FOR EXODUS MOVEMENT INC (PRE-REINCORPORATION) TO $15 FROM $24
Exodus Movement Inc. Update: Northland Capital has reduced the target price for Exodus Movement Inc. shares significantly.
Target Price Adjustment: The new target price is set at $15, down from the previous $24.
See More
Exodus Launches Self-Custody Payment App Exodus Pay
- Product Launch: Exodus Movement, Inc. has launched Exodus Pay, enabling users to spend, send, and manage digital assets without fees while retaining control over their funds, marking a significant advancement in the digital payments sector.
- Market Coverage: Exodus Pay is currently available in select states including Nebraska, Texas, Florida, New York, and California, with a full national rollout planned through April, which will further expand its user base.
- Self-Custody Advantage: Unlike traditional payment apps, Exodus Pay allows users to manage their funds through a self-custodial wallet, mitigating the risks of account freezes and enhancing user control and security, aligning with current market demands for secure payment solutions.
- Revenue Potential: The launch of Exodus Pay opens a sustainable and scalable revenue stream for the company, with CFO James Gernetzke stating that this new product will enable Exodus to own the payment process, enhancing user experience and shareholder value.
See More
Exodus Movement Updates Bitcoin and Ethereum Holdings
- Increased Bitcoin Holdings: As of March 31, 2026, Exodus Movement held 628 Bitcoins, up from 610 the previous month, indicating the company's stability and growth potential in the cryptocurrency market.
- Ethereum and Solana Growth: On the same date, the company reported holding 1,857 Ethereum, an increase from 1,840 at the end of February, while Solana holdings rose from 15,694 to 17,541, reflecting the effectiveness of its diversified investment strategy.
- Stable User Engagement: Exodus recorded 1.5 million monthly active users at the end of March, maintaining a stable user base despite the broader industry slowdown, which lays a solid foundation for future growth.
- Declining Market Trading Volume: CFO James Gernetzke remarked that March was one of the slowest trading months the industry has seen, and Exodus's trading volume reflects this trend, highlighting the challenging market environment.
See More
Exodus Updates Digital Asset Holdings Amid Market Slowdown
- Digital Asset Growth: As of March 31, 2026, Exodus reported a Bitcoin holding of 628 BTC, up from 610 BTC at the end of February, indicating the company's ability to grow its asset base even amid market downturns, which enhances its financial stability.
- User Activity Decline: The monthly active users (MAUs) decreased to 1.5 million as of March 31, 2026, down from 1.6 million in February, reflecting the broader industry slowdown in trading volumes, which may impact future revenue growth.
- Significant Volume Drop: Exodus' exchange provider processed volume fell to $346 million in March 2026, down from $435 million in February, highlighting the challenges posed by the current market environment, with a decrease in the contribution from XO Swap partners affecting the company's revenue diversification strategy.
- Payments Infrastructure Development: CFO James Gernetzke emphasized that despite the drop in trading volumes, Exodus is advancing its payments infrastructure, aiming to provide a complete payments experience through Exodus Pay for customers, thereby diversifying revenue amidst market cycles.
See More
EXODUS MOVEMENT INC - REPORTS HOLDINGS OF 628 BTC, 1,857 ETH, AND 17,541 SOL AS OF MARCH 31, 2026
Exodus Movement: The Exodus movement has seen significant holdings of cryptocurrencies, including 628 BTC, 1,857 ETH, and 17,541 SOL as of March 31, 2026.
Cryptocurrency Holdings: The reported figures indicate a substantial accumulation of digital assets, reflecting the growing interest and investment in cryptocurrencies.
See More
