Ripple Tops Bitcoin and Shiba Inu as Most Traded Crypto in India, Says Report

In a surprising twist in the Indian crypto landscape, Ripple (XRP) has outpaced both Bitcoin and Shiba Inu to become the most traded cryptocurrency in the country. According to new data released by CoinSwitch, one of India’s leading cryptocurrency exchanges, Ripple’s steady rise in popularity signals shifting investor sentiment and opens new opportunities for savvy traders. Ripple Beats Bitcoin And Shiba Inu To Become Most Traded Cryptocurrency In India—CoinSwitch Reports: Best Crypto To Buy!

Ripple Surges Ahead in Indian Markets

Ripple’s status as the most traded crypto asset in India is a significant development. With Bitcoin traditionally leading trading volumes globally and meme coins like Shiba Inu capturing retail investor attention, XRP’s rise demonstrates evolving priorities among Indian investors. CoinSwitch’s data highlights that Ripple is not just gaining traction—it’s dominating the market in trade volume, especially among millennials and Gen Z users who are engaging with crypto through mobile-first platforms.

Why Is Ripple Gaining Ground?

Several factors contribute to Ripple’s growing popularity. First, its use case as a bridge currency for cross-border payments offers real-world utility, something Bitcoin and Shiba Inu traditionally lack. Secondly, the ongoing legal clarity surrounding Ripple’s status in the United States has strengthened investor confidence, making XRP a more stable bet in a volatile market. Add to that the relatively lower transaction fees and faster processing times, and XRP becomes a retail investor’s dream.

- Advertisement -

CoinSwitch Insights on Trading Behavior

CoinSwitch Reports: Best Crypto To Buy! This latest insight sheds light not only on Ripple’s performance but also on general trading behavior in India. Indian investors are increasingly favoring utility-driven projects over speculative assets. The report shows a shift towards assets with tangible use cases and long-term potential. While Bitcoin remains a store of value and Shiba Inu appeals to the meme-driven crowd, XRP’s practical applications are drawing a more educated and strategic investor base.

Read more:  Bitcoin Could Hit $131K: 4-Year Pattern Signals Major Price Breakout for BTC

Comparative Performance: XRP vs BTC and SHIB

Bitcoin continues to be a dominant global asset, but when it comes to day-to-day trading activity in India, XRP is leading. Bitcoin’s high transaction fees and slow network speeds have made room for alternatives like Ripple. Shiba Inu, despite its community hype, lacks the protocol-level functionality to maintain long-term investor interest. XRP’s balance of utility, speed, and affordability is what gives it an edge in the current landscape.

Future Outlook for Ripple in India

Ripple’s impressive climb in trading volume isn’t expected to plateau anytime soon. With increasing institutional adoption, improved regulatory clarity, and broader integration into payment solutions, XRP could maintain its top position for the foreseeable future. The Indian crypto community appears to be aligning itself with projects that offer sustainability over speculation, making Ripple a prime candidate for further growth.

Conclusion

Ripple Beats Bitcoin And Shiba Inu To Become Most Traded Cryptocurrency In India—CoinSwitch Reports: Best Crypto To Buy! This headline underscores a pivotal moment for crypto investors looking to diversify intelligently. As market dynamics evolve, understanding where user interest lies can help guide future investment strategies.

Stay ahead of the curve in the ever-changing world of crypto. Subscribe to our newsletter today for the latest insights, market trends, and expert analysis delivered straight to your inbox.

Related