In Q4 2018, Ripple sold a total of $129.03 million worth of XRP, $40.15 million of which was sold in institutional direct sales by a Ripple subsidiary, XRP Markets Report states. More than 30 new exchanges began listing XRP, making the currency available on over a hundred exchanges. Moreover, nine exchanges, including Binance, listed ripple as a base pair against other digital assets. Interestingly, Q4 noted the lowest average volatility of the cryptocurrency since Q4 2016—5 per cent—paired up with increasing daily volume (average $585.7M).
Each month a billion XRP was released out of escrow, 2.4 billion of which was returned; the remaining 600 million was used to help the ripple ecosystem, especially RippleNet Accelerator Program and Xpring investments.