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Transaction volume reaches new high

2020.07.02 币圈资讯, 币圈资讯

The blockchain platform Sologenic which is built on the XRP Ledger, reported that it will launch a rewards program to boost the development of Ripple’s technology. Sologenic said on Twitter that it wants to accelerate the growth of the XRP Ledger. On February 7, 2020, the transaction volume for the XRP/MXN pair was 17,228,102 XRP. As reported by CNF, Ripple’s payment corridor to Mexico is one of the fastest growing. The growth is attributed to the high level of participation that Mexico plays in the remittance market to Latin America.

On the other hand, Ripple’s payment corridor for the Philippines continues to perform well. The latest update of the Liquidity Index Bot, at the time of publication, records an all-time high in transaction volume of 4,608,158 XRP. The corridor tracked the record transaction volume during February of this year. Since the beginning of this month the historical maximum has grown to around 900,000 XRP.

Author: Reynaldo