Cryptocurrency has been making headlines again in spring 2019. Not since late 2017 have we seen this level of news and trading volume, and this year just seems to be getting started. Bitcoin has been getting most of the attention it seems. And while Ethereum and Ripple remain #2 and #3 cryptocurrencies in the world by total market cap, it’s easy for these projects to get a little lost in Bitcoin’s shadow.
Despite relative inattention from the media, things are actually white hot at Ripple. Even though XRP prices are lower than they were on January 1, 2019, there has been an incredible amount of development on multiple international fronts.
Today, we’ll give you a quick summing up of what has happened with Ripple so far this year, and what this momentum means for the rest of 2019.
Ripple’s Big 2019 So Far
Ripple sold $169.42 million in XRP in Q1 2019. Many complain that Ripple Labs hold a lot of XRP, but clearly there are customers for the currency they hold back. The bulk of this XRP was sold to financial institutions…