2023 Q1 XRP Report: Net sales exceed $360 million, with a summary judgment expected this year in the lawsuit case.
BlockBeats reported on April 28th that in Ripple's Q1 report, it was pointed out that the total sales of XRP in Q1 2023 (excluding purchases) were $361.06 million, compared to $226.31 million in the previous quarter. The on-chain transaction volume of XRP Ledger increased by 9% to 116 million, compared to 106 million in the previous quarter.
Regarding the update on the U.S. Securities and Exchange Commission's lawsuit against Ripple, Ripple expects to make a decision on a simplified judgment in 2023, but the specific time will ultimately depend on the court.