• Latest Ripple’s report shows positive Ripple growth in several areas
• The daily average volume of XRP is 595.7 million USD, 535.5 million USD worth of XRP sold in 2018
• Over 30 exchanges listed XRP in Q4, added as a base pair against at least one other asset on 9 exchanges

In its official report this, the Ripple team shared key performance statistics of the coin for the last quarter of 2018. The data shows positive growth in several areas, higher adoption levels as well as lower XRP volatility.

Higher volume, lower volatility

The percentual price fluctuations of XRP went down to Q4 2016 levels with average volatility of daily returns being 5 percent. Interestingly, despite the decrease in price fluctuations, the average daily volume of XRP has increased significantly and is equal to 595 million USD, which is the highest amount since the bull run of 2017-2018 winter.

One of the reasons for such a volume increase could be maturation of stablecoins. During Q4, stablecoins’ crypto market traded volume share grew by 5%, reaching 20 percent mark.

Another metric important for Ripple is the correlation of XRP’s price with top cryptocurrencies’ price. Towards the end of Q4, this metric returned to the elevated levels seen before in the end of Q1 2018, as well as early in Q3 2018.

Stable demand for XRP

In Q4 2018, 88.88 million USD worth of XRP was sold. The value represents 0.16 percent of the total XRP volume traded globally in the fourth quarter. What’s more, 40.15 million USD worth of XRP was sold in institutional direct sales by XRP II, LLC.

The total value of XRP sold in Q4 equals to 129 million USD, with 535 million USD worth of Ripple sold in 2018 overall.

Recently listed on 30 new exchanges

XRP was listed on more than 30 exchanges in Q4 of 2018, bringing the total number of exchanges it is available to trade on to over 100.

Another achievement for XRP is that 9 exchanges listed XRP as a base pair against one or more other digital assets. For example Binance, which is the biggest cryptocurrency exchange in the world, listed XRP as a base against TRON (TRX) and Zcoin (XZC).

Successful xRapid launch

In early October, xRapid developed by Ripple in-house became commercially available. Large firms, including MercuryFX, Cuallix and Catalyst Corporate Federal Credit Union, a financial institution serving more than 1,400 member and client credit unions across the United States, were the first to sign on. The latter will use xRapid on behalf of their members, thus creating an international payment service.