XRP Becomes Most-Traded Asset on Coinbase, Surpassing Bitcoin

XRP has surpassed Bitcoin as the most-traded cryptocurrency on Coinbase, indicating a rise in U.S. demand. Key points include:

  • Bitcoin remains the top asset on Binance, not accessible to U.S. investors.
  • XRP's trading volume on Coinbase constituted 25% of $6.86 billion in 24-hour volume; BTC followed at 20%.
  • Ripple CEO's meeting with Donald Trump increased interest in XRP amid speculation about a potential spot XRP ETF approval.
  • XRP's price surged over 600% since November, reaching $3.33, with a third of that increase occurring this week.
  • The number of large holders (addresses with over $100,000 in XRP) rose to 108,540.