XRP Trading Volume Steady at $3.2B in Q1, XRPL Activity Declines
- Average daily trading volume for XRP was nearly $3.2 billion in Q1.
- XRP posted volume spikes exceeding $16 billion in late January and early February.
- Binance held a dominant market share with approximately 40% of exchange volume.
- XRP’s price reached a high of $3.40 before settling at $2.09 by March end.
- On-chain transactions on the XRP Ledger decreased by over 37% to 105.5 million.
XRP maintained an average daily trading volume of nearly $3.2 billion in the first quarter, while on-chain activity on the XRP Ledger saw a significant decline, with transactions falling over 37% to 105.5 million.
Source (2.6.1)https://cryptoslate.com/xrp-trading-volume-steady-at-3-2b-in-q1-but-xrpl-activity-contracts-sharply/?rand=24433
