What’s the Next Step for XRP as Ripple’s Sales Triple in December, Fueled by ODL?

December was a groundbreaking month for Ripple, as its sales of XRP skyrocketed to $142 million, more than three times its usual monthly sales. Ripple’s focus has been on utilizing XRP for its On-Demand Liquidity (ODL) transactions. The digital finance community is eagerly awaiting Ripple’s next steps in the market following its impressive performance in December. In a recent tweet, Mr. Huber revealed that Ripple had sold nearly 238 million units of XRP, sparking speculation and discussions about the company’s future moves. However, he cautioned that Ripple typically avoids net buybacks for extended periods. Currently, XRP is trading at $0.589 with a 1.2% decrease and a notable surge in trading volume over the last 24 hours. Ripple’s sales strategy has been primarily focused on using XRP for ODL transactions, which have experienced steady growth and are considered the standout product for the last quarter and the year as a whole. The crypto community is closely watching Ripple’s next moves and anticipating its future actions with heightened interest.