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Ripple sold 250 million dollars XRP in 3 months


Ripple has published a report describing its sales for the second quarter of the year (Q2), and the data shows that it has sold $251 million worth of XRP cryptocurrency tokens.

Ripple is a major player in the cryptocurrency industry, coming in third place behind Bitcoin (BTC) and Ethereum (ETH).

Sales in Q2 exceeded Q1 sales by quite a margin, with $169 million worth of XRP being sold in Q1. The increase is about 50%.

The statement accompanying the report declared Ripple’s intentions to minorly reduce the volume of future tokens mined and sold. The company plans to limit corporate sales and take a more conservative approach.

It can be concluded that at the moment, Ripple is enjoying a good condition in the market, perhaps due to lucrative partnerships undertaken in the previous few months.


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