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Ripple’s Q3 report, 2021 discusses this ‘unprecedented’ development about XRP
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In order to make informed investment decisions, XRP investors need to consider the SEC vs Ripple Labs lawsuit in America, as well as the blockchain company’s activities in foreign markets. Ripple’s 2021 Q3 market report provided several insights about XRP’s global performance, after the crypto market crash in May 2021.
Team Ripple was quick to report the “unprecedented” growth of its on-demand liquidity [ODL], which let clients reduce their dependence on pre-funded accounts.
The report revealed,
“Transaction volume (measured in dollars) over RippleNet has more than doubled since last year and ODL transactions are up 130% quarter over quarter. In Q3, ODL transactions accounted for ~25% of total volume. All XRP sales this quarter are attributed
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