$361M Worth of XRP Tokens Sold in Q1 2023, XRPL Growing Strong

$361M Worth of XRP Tokens Sold in Q1 2023, XRPL Growing Strong

1
Ripple Sold XRP tokens worth $361 Million in the first quarter of 2023. 
2
XRP Ledger is growing strong in 2023. 
The SEC vs. Ripple is ongoing since December 2020, and both parties are awaiting results, but the case does not seem to be affecting the blockchain company. As per Q1 2023 report Ripple sold $361 Million worth of XRP tokens, versus $226.31 Million in Q4 2022. The crypto entity builds global payment products and developed a decentralized XRP payment system. 

Ripple sold $361.06M worth of $XRP in Q1 2023.
— ⌖ Sir Clown Sniper ⌖ (@SirClownSniper) April 27, 2023

However, Ripple and XRP are two separate entities, where one is a company while the other is a token. Ripple uses XRP and its public blockchain to power its products. 
Ripple Gaining Traction with Strong XRPL Growth
The increase in sales is connected with Ripple’s on-demand liquidity products. These products help customers in moving money across the world without needing c

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