XRP Sales Risen by 83% in First Quarter

May 2, 2018

As the message on the Ripple website says, the company has sold XRP to the amount of $167.7 million in the first three months of the year 2018 which is 83% higher than in the previous quarter and 2,400% higher than this time a year ago.

In addition, the company has reported that direct XRP sales have made 16.6 million, i.e. there is a 17%-drop when compared to the previous quarter. On the other hand, software crypto sales have grown by more than twice from $71.5 mln to $151.1 mln.

Ripple's head of corporate communications Tom Channick has claimed XRP sales have exceeded all expectations:

“As a company, our strategy remains focused on signing up customers to use our technology and moving those customers into production. If we continue to do that, we will fix how money moves around the world.”


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