Ripple, the company behind XRP, the third-largest cryptocurrency by market cap, has revealed that it sold $251.51 million in XRP in the second quarter of 2019. Ripple published its Q2 report on July 24.
According to the report, Ripple sold approximately $169.42 million in XRP during Q1 2019. This means that quarter-to-quarter, XRP sales increased by approximately 48%.