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Ripple Q4 Market Report: XRP Retains Popularity Despite SEC Lawsuit

Sara Zhang

Summary: According to the Q4 2020 XRP market report released by Ripple on Feb 5, Ripple determined that total XRP volume had quadrupled in Q4 compared to the previous quarter, given the total XRP volume was $148.15 billion in Q4 versus $37.13 billion in Q3. Additionally, Ripple said it registered a record number of clients in the ...

According to the Q4 2020 XRP market report released by Ripple on Feb 5, Ripple determined that total XRP volume had quadrupled in Q4 compared to the previous quarter, given the total XRP volume was $148.15 billion in Q4 versus $37.13 billion in Q3. Additionally, Ripple said it registered a record number of clients in the last quarter of 2020 for its On-Demand Liquidity (ODL). 

The report indicated that Ripple’s net XRP sales doubled those of Q3 2020, registering $76.27 million compared to $35.84 million in the previous quarter.

And the report also showed the digital currency has mostly retained its popularity despite the SEC enforcement action.

by Sara Zhang

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