Ripple Sells Over $250 Million in XRP in Q2 2019: What’s Next?

Ripple

On July 24, Ripple Labs Inc., the company behind XRP, released its Q2 2019 report, which revealed that it had sold over $250 million in XRP in the quarter. The report outlines Ripple’s strategy of selling XRP going forward as well as focusing on establishing legit trading volume data.

Ripple Reports 48% Quarter-to-Quarter Increase in XRP Sales

In the first quarter of this year, Ripple sold $169.42 million worth of XRP, which means there was a 48% quarter-to-quarter sales increase for the second quarter. Going forward, the company intends to sell less of its XRP hoard …

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