Ripple's First Quarter Scorecard is “Cautious” - Coinleaks
Current Date:September 21, 2024

Ripple’s First Quarter Scorecard is “Cautious”

Ripple’s ( XRP) published first quarterIn the report, the company compared to the previous quarter another $100 millionIt was noteworthy that he sold more XRP.

Ripple, which has gained a heavy spot on the agenda with its legal struggle with the SEC, 2023 published its report for the first quarter of In the report, the company’s XRP sales and XRPincreased volume was noted.

in the last quarter of 2022 $226 million in XRPSelling Ripple in the first quarter of this year, approximately $361 million in salesperformed.

Ripple’s First Quarter Report Draws Attention

Ripple ( XRP ) published its report for the first quarter of 2023. In this report, the company XRP from salesAnd XRP ledgerHe talked about the volumes on the side.

According to the report, Ripple’s blockchain network XRP ledger, its volume in the first quarter of 2023 34 percentincreased by the rate. $115 million XRP Ledger, which reached one volume, remained strong according to Ripple. Moreover, of XRPThe transaction volume also reached 1 billion dollars in the first quarter.

In general, it has a cautious nature and adapts to market conditions. Ripple Raised the bar in company sales. The company has a $361 million XRPattracted attention in the market with its sale.

Addressing the banking crisis and the turmoil created by its US regulators RippleHe underlined that he acted cautiously during this period.