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Ripple released the official statistical report for the second quarter of 2018, Tuesday, July 24. The report indicates that sales of XRP, the third-largest crypto asset with the largest market capitalization, fell by more than 50% cryptoactive-markets-ripple-blockchain ” width=”300″ height=”212″ data-recalc-dims=”1″/>![cryptoactive-markets-ripple-blockchain [19659003] Direct and programmatic sales of XRP by Ripple and its subsidiaries. This value represents 0.125% of world trade in this asset, according to the data in the report. Source: Ripple. </p>
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in comparison to the first quarter of 2018 where this amount reached $ 167.7 million. They say the decline was "both in volume and price in most cryptoactives" in recent months.
The report says XRP has shown lower volatility this quarter. CoinCheckUp calculations establish that over the past 30 days XRP has maintained a volatility index of 20%, a percentage that it shares with the ether. In addition, the asset has a value 46% lower than that presented 90 days ago, when its price was $ 0.85.
Its market capitalization 90 days ago was $ 31.8 billion, while at the moment the wording is $ 18.1 billion. This shows a considerable decrease compared with the swing between $ 87 and $ 20 billion in the first quarter of 2018.
E The quarterly report acknowledges that a possible cause of the deceleration of trade with this asset may be related to comments on the nature and regulation of XRP, since last April, the ecosystem was waiting for a possible declaration of XRP as a security title
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