Ripple Releases Q1 2018 Market Report – XRP Market Share Increases

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Ripple Releases Q1 2018 Market Report – XRP Market Share Increases

Postby kreslik.news » Wed Apr 25, 2018 11:32 am


Ripple has released its market report for the first quarter of 2018.

160.0 billion USD worth of XRP was traded in Q1 2018. Of this, 16.6 million USD was purchased from XRP II, which is Ripple’s South Carolina-based money service business, and $151.1 million was sold “programmatically”, according to the report.

3 billion XRP was released from  cryptographically-secured escrow during the quarter, divided equally between the 3 months. However 2.7 billion was put back into new escrow accounts. The remaining 300 million XRP is being used to invest in the network.

Ripple says that the total market capitalisation of all its digital assets ... (read more)

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