CryptoCompare: XRP Surpasses Bitcoin in Trading Volume, Becoming Most-Traded Crypto-Asset
AI Trading

The positive trend that the price of XRP has been enjoying over the past two days has been boosting every metric in relation to the cryptocurrency.

It has managed to reclaim the 4th position in the market from Polkadot (DOT) and has also received a boost in terms of social media interest.

The most significant at the moment is that XRP is currently the most traded digital asset in the market, according to CryptoCompare.

Read Also: Credible Crypto: To Be Able To Buy XRP between $0.38 and $0.55 Is a Blessing

AI Trading

XRP Receives Notable Boost in Trading Volume

As recently shared by a supposed XRP community member known on Twitter as Panos, the current data on the CryptoCompare indicates that the digital token XRP is leading Bitcoin (BTC) in terms of trading volume.

Captioning a chart from CryptoCompare to support his claim, Panox tweeted, “XRP has surpassed Bitcoin in volume, becoming the most traded crypto asset.”

Read Also: XRP Price Has To Break This Key Resistance to Regain Bullish Momentum

XRP Interest on Social Media Attains its Highest Since September 2018

Social media interest in relation to XRP has recently surpassed its 2018 record high. This was shared by the team at Santiment. According to the team, XRP’s social volume metrics were at their highest since 21st September 2018.

At the latter date, XRP surged from $0.32 to $0.77 in a day. The team at Santiment shared their observation via the following statement and accompanying chart.

“XRP broke out to a high of +62% on the day (~$0.47) before retracing back to a now still 5-week high of $0.39. Our social volume metrics note that this gain in interest was the highest since Sep. 21, 2018, when $XRP surged from $0.32 to $0.77 in a day.”

Read Also: Bitstamp Moves to Halt XRP Trading and Deposits for United States Customers

XRP in the Market

Despite the lethargic price trend displayed by a number of top cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), among others, the digital token XRP has been maintaining its top performance.

At press time, XRP is trading at $0.4423, with a 27% price uptrend in the last 24 hours.

Follow us on Twitter, Facebook, Telegram, and Download Our Android App.

AI Trading produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.