# RippleNet Saw Five-Fold Volume Growth In 2020 By Coinness Canonical URL: https://www.tokenpost.com/news/investing/6063 Published: 2021-01-26T06:14:03.000Z Updated: 2021-01-26T06:14:03.000Z Section: Investing > RippleNet, the blockchain-powered global payments network for financial institutions, recorded 300 million transactions in 2020. This represents five-fold growth compared to the year before. RippleNet, the blockchain-powered global payments network for financial institutions, recorded 300 million transactions in 2020. This represents five-fold growth compared to the year before. The XRP-powered on-demand liquidity (ODL) solution is responsible for $2.4 billion of the total volume. [Coinness]() ## Links in this article - [Coinness](https://coinness.com)