Ripple has reported a robust third quarter, driven by increased transaction volumes on the XRP Ledger and heightened institutional demand for its XRP token. The company highlighted that the XRP Ledger saw a significant uptick in activity, reflecting growing confidence and adoption among users. Additionally, institutional interest in XRP has surged, contributing to the overall positive performance. This development underscores Ripple's strengthening position in the blockchain ecosystem, particularly in the areas of cross-border payments and digital asset liquidity.