XRP Ledger's native DEX saw a January swap transaction volume of $400 million, with a cumulative total of over $1 billion since its launch

Odaily Planet Daily News: Ripple CEO Brad Garlinghouse announced on January 28th that the native DEX swap trading volume of XRP Ledger has reached $400 million in January, averaging around $17 million per day. Since its launch in 2024, DEX has processed over $1 billion in cryptocurrency swap transactions. Garlinghouse continues to say that this rapid growth is one of the reasons why '2024 will be Ripple's most milestone year'. Other factors include the "early but promising traction" of Ripple's stablecoin RLUSD and several proposed XRP ETF applications. He added that investment bank JPMorgan estimates that the XRP ETF proposed by asset management companies Bitwise and WisdomTree will attract over $8 billion in capital inflows into XRP.