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    Home»News»Crypto News»XRP becomes the most trading encryption in India during January to March 2025, exceeding bitcoin: Report
    Crypto News

    XRP becomes the most trading encryption in India during January to March 2025, exceeding bitcoin: Report

    TenznewsBy TenznewsApril 22, 2025No Comments3 Mins Read
    XRP becomes the most trading encryption in India during January to March 2025, exceeding bitcoin: Report
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    Last update:April 22, 2025, 17:36

    XRP 13.3 % of the total deals on the platform during the first quarter of 2025, which represented a significant increase in eight jobs since December 2024, according to Coinswitch data.

    While XRP ruled commercial plans, Bitcoin continues to control investor holdings, constituting 6.9 % of the total encryption assets held by Indian investors.

    Ripple (XRP) has emerged as the most trading cryptocurrency in India during the quarter of January 2025, bypassing to Bitcoin, according to the latest report issued by Coinswitch, the largest encryption trading platform in India.

    XRP 13.3 % of the total deals on the platform during the first quarter of 2025, which represented a significant increase in eight positions since December 2024. This increase abandoned Shaiba Eno from the first place and reflects the interest of a renewed merchant in XRP amid the developed global market conditions.

    Bitcoin, which has long been the most preferred encryption among Indian investors, was the second distinguished trading, with 8.4 % of the total deals, while Dogecoin continued closely 6.4 %, according to Coinswitch data.

    “This shift refers to a more dynamic trading behavior, as Indian merchants are increasingly exploring traditional heavy weights,” said Palaji Surrehari, Coinswitch Vice President. “Bitcoin is still preferred in the long run, but we are witnessing an increase in activity in symbols like Ripple and Solana, along with Meme currencies like Pepe and Bonk.”

    In March, US President Donald Trump announced the strategic coding reserve, including Bitcoin, Ethereum, XRP, Solana, Kardano.

    Other prominent coins included the most trading list:

    Solana (5.6 %)

    – ethereum (4.4 %)

    Baby (3.1 %)

    Chipa Eno (2.6 %)

    Cardano (2.5 %)

    Popcat (1.6 %)

    Meanwhile, Bonk, which was once a strong competitor, fell to the bottom of the top 10 with 1.1 % of trading, decreased from sixth place – with highlighting the changing rapid preferences of Indian encryption traders.

    Bitcoin leads long -term possessions

    While XRP ruled commercial plans, Bitcoin continues to control investor holdings, constituting 6.9 % of the total encryption assets held by Indian investors. Follow Dogecoin (6.6 %) and Ethereum (5.2 %), which confirms their continuous appeal for long -term investment.

    Interestingly, Pepe entered the list of the 10 best holdings for the first time, reflecting the increase in interest in emerging assets. Other famous assets included the long -term Shiba Inu, Ripple, Cardano, Polygon, Internet Computer and Solana.

    The encryption scene ripens in India

    The results, based on trading patterns across 310 listed coins, indicate a mature investor base and diversification in India. With more young investors involved in high -risk assets, with high assets such as coins, and other distinctive stability symbols, the encryption market in India has become increasing.

    The report covers trading and investment trends between January 1 and March 31, 2025, and comes amid global discussions on the organization of encryption and institutional participation.

    Stay permanently with all the latest business news, including market trends, stock updates, taxes, public subscription, bank financing, real estate, savings and investments. Get an in-depth analysis and opinions of experts and updates in the actual time-only on news18. also to download News18 app To stay aware!

    bitcoin encryption exceeding India January march report trading XRP
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