Ripple Reports Double the XRP Sales For Q1, 2021

Ripple has stated that for the first three months of 2021, its total sales of XRP were $150.34 million, 97% higher than the $76.27 million reported for Q4, 2020.
The company stated that the increase in sales figures was led by the growing demand for RippleNet’s On-Demand Liquidity or ODL service.
 “Ripple continued to engage in sales to support ODL and key infrastructure partners as part of providing increased XRP liquidity to improve the ODL experience of certain customers, eliminating the need for pre-funding and enabling instant global payments.”

Q1 2021 was phenomenally strong for crypto, with the overall market cap ballooning to nearly $2T for the first time.
Check out the latest markets report for insights on the overall market, XRP Ledger development and more.
— Ripple (@Ripple) May 6, 2021
Ripple Token Volumes Increasing
Ripple, which is rumored to be planning an IPO, stated that in order to meet the growing demand for ODL, it agreed to acquire

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