Ripple Reports Over $360 Million in Net XRP Sales in Q1
2023/04/28
In its quarterly report, Ripple reported total XRP sales (net of purchases) of $361.06 million in the first quarter of 2023, compared to $226.31 million in the previous quarter; XRP Ledger on-chain transactions increased 9% to 116 million, compared to 106 million in the previous quarter. Regarding the update on the SEC's lawsuit against Ripple, Ripple expects to issue a summary judgment decision in 2023, but the exact timing ultimately depends on the court.