San Francisco startup Ripple Inc reported that the company sold $167.7 million worth of XRP in the first three months of 2018, which is an 83% uptick compared to previous quarter and 2,400% increase compared to Q1 of 2017. Total volume of XRP traded worldwide increased by 68% and reached $160 bln for the peiod. However, the direct sales of XRP declined by 17%, compared to the previous quarter, totaling to $16.6 million.