Ripple Releases Q2 Report: Transaction Volume Plummets
In a novel development in the XRP ecosystem, Ripple released the Q2 report of 2024, revealing the increasing institutional adoption.
After a series of technological advancements, Ripple was founded in 2013 to solve the inefficiencies in the existing financial system. By leveraging blockchain technology, Ripple is on a mission to build a breakthrough solution to eliminate economic barriers using cryptocurrency. XRP Ledger (XRPL) is a decentralized blockchain that allows for the fast, low-cost, real-time transfer of XRP, fiat currencies, and other digital currencies.
XRP is the native token of the Ripple blockchain, which is one of the largest cryptocurrencies by market capitalization. It has been considered a good choice of investment from investors worldwide. The price dynamics of this token greatly fluctuate with demand, supply, whale transactions, and other developmental activities.
To get a complete overview of what’s happening in the Ripple ecosystem and update price analysis of XRP, read more from CryptoTale.
In a novel development in the XRP ecosystem, Ripple released the Q2 report of 2024, revealing the increasing institutional adoption.
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