Ripple released the Q3 2019 XRP Market Report which shows in a deep transparency data about XRP performance, showing a 74% decrease in sales to 66.2 $ mil. from 251 $ mil. in Q2.

Ripple retained a share of the 100 billion XRP issued and sells periodically smalls parts of it to the market, for instance Ripple offered in Q3 3 billion XRP for sale and sold only 0.7 billion XRP. Also the price of XRP decreased by 35.4% in Q3 according to the report.

Ripple states “XRP is ideally suited for global payments because it is faster, less costly and far more scalable than other digital assets”, illustrating with “a quick snapshot of XRP vs. bitcoin (as of 10/14):

• Speed: 3.80 seconds (XRP) vs. 9.2 minutes (BTC)
• TPS: 1500+ (XRP) vs. 7 (BTC)
• Fee: $0.0003 (XRP) vs. $0.758 (BTC).”

Ripple claims in the report that the main causes of the decrease in sales and price are due to “uptick in FUD (fear, uncertainty and doubt) and the spread of misinformation about XRP.” and claims “Ripple cannot control XRP price. XRP is traded on a fully functioning and independent digital asset market, including over 140 exchanges, in which Ripple plays a very limited role.”

Anyhow, Ripple considers that “While bitcoin’s utility is often highlighted as a store of value, we believe XRP is by far the best digital asset for global payments.”