Ripple’s XRP sales soared to $491 million in Q3 this year, up 211% from the previous quarter. As the company reported the results of the quarter. 3
XRP sales during the previous 3 quarter were $491.74 million, compared with $157.92 million in the second quarter of the year. This growth is driven by the success of Ripple’s On-Demand Liquidity (ODL) service, which uses XRP as a bridge between fiat currencies.
According to Asheesh Birla, general manager of RippleNet, ODL currently accounts for a quarter of the network’s total dollar volume. which grew 130% in the last quarter.
XRP Trading Volume Drops 50%
during the third trimester XRP Global Trading Volume Drops More Than 50% According To CryptoCompare
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