XRP News: XRP Surpasses Bitcoin As The Highest Volume Asset

Also Read: XRP Price Poised To Massive Surge Despite Gaining 63%; Here’s Why

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XRP Outperforms Bitcoin

According to the data provided by Kaiko, XRP has managed to surpass Bitcoin as the highest trading volume asset. It mentions that since the summary judgment being presented in the Ripple case, 21% of all the crypto trading volume has been for XRP.

Bitcoin accounted for 20% of all the crypto trade volume took place since then. While, Ethereum (ETH), the second largest crypto registered just 8% of the total volume.

The much anticipated win for XRP against the US SEC has led to a massive increase in its demand among the crypto community. XRP’s trading volume has jumped by around 10 times over the past week. However, it is important to note that the recent increase in volume is only at 10 month highs. Read more XRP News Here…

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Source: Kaiko

Data provided by Leonidas depicted that XRP’s trading volume spiked to $10.4 billion on July 13th (the day when the ruling in the Ripple case came out). However, this daily trading volume recorded has been only the 76th largest of the token. The highest trading volume recorded for XRP $37 billion was registered on April 6th, 2021.

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