Ripple sold twice as much XRP in the last quarter, as demand grows for its OD...

Ripple sold twice as much XRP in the last quarter, as demand grows for its OD...

Ripple’s XRP sales are up 97% in Q1, with the firm attributing the growth to its focus on RipplesNet’s On-Demand Liquidity service. Despite the ongoing legal battle with the Securities Exchange Commission, Ripple reported a 97% increase in sales of XRP for Q1. Ripple posted its Q1 markets report on May 6th and revealed that total sales net of purchases had gone from $76.27 million in Q4 2020, to $150.34 million in Q1 this year. Ripple noted the surge in sales was led by the growing demand for RippleNet’s working capital service On-Demand Liquidity or ODL: “The increase in XRP sales can be....


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