XRP Transactions Skyrocket In Australian Top Exchanges

XRP Transactions Skyrocket In Australian Top Exchanges


Ripple has reached a new milestone in Australia with its native token, XRP, recording the highest trading volumes on exchanges. With this, Ripple now dominates Australian crypto exchanges as the XRP community anticipates a final court ruling in the lawsuit with the U.S. SEC (Securities And Exchange Commission).

The news came from Financial Review, an Australian media outlet shared on Twitter by Neil Smith, Ripple’s partner engineer, and Aussie firm, Blockchain Australia.

Ripple now dominates Australian crypto exchange volumes #XRP https://t.co/yaeFIqsNIn

— Neil Smith (@nsmithau) January 18, 2023

Trending: BREAKING: Brunson Brothers Case Is Back On!

Reason For XRP Performance In Australia

According to the report, Ripple’s cross-border remittance payment (ODL) use case adoption gets the credit for this achievement. Ripple on-demand liquidity makes XRP suitable for cross-border payments as it

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