Ripple's XRP Sales Have Increased Significantly
Ripple's XRP sales have increased significantly. XRP sales rose 46% in the fourth quarter.
Ripple shared the company's XRP sales data for the fourth quarter with its 2021 fourth quarter XRP Markets report. According to the report shared by Ripple, a significant increase was recorded in the company's total XRP sales. In addition, the report also stated that XRP sales reached $ 1 billion 39 million in the last quarter.
XRP sales of Ripple company increased by 46 percent in the last quarter of 2021. In particular, “On-Demand Liquidity” (ODL) sales reached $1 billion in the fourth quarter. This is also an indication that the company's payment solution is growing. It should be noted that these sales in question were around 492 million dollars in the previous quarter.
In addition to these, Ripple also purchased 322 million dollars of XRP from the market in the fourth quarter. Finally, the report shows that the global trade volume of
XRP has dropped by 11.8 percent.