XRP Sales Skyrocketed To $491 Million In Q3

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Ripple has logged a 211% quarter-over-quarter increase in its XRP sales, according to the company’s Q3 report. It sold $491.74 million worth of XRP during the previous quarter compared to $157.92 million in the second quarter of the year. The growth is attributed to the success of Ripple’s On-Demand Liquidity (ODL) service, which uses XRP as a bridge between fiat currencies. According to Asheesh Birla, the general manager of RippleNet, ODL now accounts for a quarter of the network’s total dollar volume.

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