Crypto Pirates

Ripple’s total XRP sales increase dramatically in the fourth quarter of 2021


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Ripple recently released its This Fall of 2021 XRP Markets report, which highlighted the company's significant increase in total XRP gross sales. The blockchain agency reported general gross sales (web of purchases) of $717.07 million in the fourth quarter of 2021, compared to $491.74 million in the third quarter of 2021. 

An unfathomable increase in ODL-related gross sales was announced, as the figure surpassed $1,039 million, which is significantly higher than $491 million in the third quarter of 2021. According to the company, all of the ODL-related gross sales are linked to the increase and use of on-demand liquidity. 

In terms of community activity, Ripple recorded a huge increase in the final quarter, with more than 130 million transactions on the XRP Ledger. According to the company, the XRP Ledger was designed with long-term sustainability in mind. 

"Ripple has been a purchaser of XRP in the secondary market and plans to continue to make purchases sooner or later at market costs as ODL maintains global momentum." Ripple's total sales, nett of acquisitions, closed the quarter at 43 basis points (bps) of global XRP volume, according to CryptoCompare TopTier (CCTT) volumes," Ripple claimed. 

Associated information 

"In December, Xange.com announced that it will create a carbon credit score solution on the XRPL due to its efficiency, scalability, and naturally inexperienced features." "The XRP Ledger was built with sustainability in mind, and it is likely one of the first major carbon-neutral blockchains," the company noted. 

Providers of Ripple 

Ripple's services and solutions have seen tremendous demand from financial institutions all across the world in the last year. Whether it is cross-border payment infrastructure or CBDC-related solutions, the company has collaborated with a number of the most important names in the global monetary providers enterprise over the previous yr. 

The business will launch RippleNet's ODL deployment in the Middle East in October 2021. Furthermore, the blockchain agency joined the Digital Pound Foundation to focus on the creation and deployment of a digital Pound in the United Kingdom. 

Ripple recently released its This Fall of 2021 XRP Markets report, which highlighted the company's significant increase in total XRP gross sales. The blockchain agency reported general gross sales (web of purchases) of $717.07 million in the fourth quarter of 2021, compared to $491.74 million in the third quarter of 2021. 

An unfathomable increase in ODL-related gross sales was announced, as the figure surpassed $1,039 million, which is significantly higher than $491 million in the third quarter of 2021. According to the company, all of the ODL-related gross sales are linked to the increase and use of on-demand liquidity. 

In terms of community activity, Ripple recorded a huge increase in the final quarter, with more than 130 million transactions on the XRP Ledger. According to the company, the XRP Ledger was designed with long-term sustainability in mind. 

"Ripple has been a purchaser of XRP in the secondary market and plans to continue to make purchases sooner or later at market costs as ODL maintains global momentum." Ripple's total sales, nett of acquisitions, closed the quarter at 43 basis points (bps) of global XRP volume, according to CryptoCompare TopTier (CCTT) volumes," Ripple claimed. 

Associated information 

"In December, Xange.com announced that it will create a carbon credit score solution on the XRPL due to its efficiency, scalability, and naturally inexperienced features." "The XRP Ledger was built with sustainability in mind, and it is likely one of the first major carbon-neutral blockchains," the company noted. 

Providers of Ripple 

Ripple's services and solutions have seen tremendous demand from financial institutions all across the world in the last year. Whether it is cross-border payment infrastructure or CBDC-related solutions, the company has collaborated with a number of the most important names in the global monetary providers enterprise over the previous yr. 

The business will launch RippleNet's ODL deployment in the Middle East in October 2021. Furthermore, the blockchain agency joined the Digital Pound Foundation to focus on the creation and deployment of a digital Pound in the United Kingdom.

 

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