Ripple (XRP) has become the strongest digital active among Indian merchants, in a surprising event. A recent report on Coinswitch revealed that XRP now commands 13.3% of the overall trading volume in India, outperforming both Bitcoin and the previous favorite Shiba Inu.
Coinswitch, the largest cryptocurrency exchange in India, fOnnd that data reveal a notable change in behavior in trading. According to investment and trading models of Indian cryptography investors for the first quarter of 2025, “Ripple (XRP) increased at the top of the list as an actively actively negotiated active, ordering 13.3% of the total negotiation activity, replacing Shiba Inu and pointing to traditional renewed interest in the token.” Bitcoin was a second point at 8.4% and Dogecoin followed 6.4%. Other high -activity active ingredients include Solana (5.6%), Ethereum (4.4%), PEPE (3.1%), Shiba Inu (2.6%) and Cardano (2.5%).
Regarding the Indian trading model, Balaji Srihari, Vice-President of Coinwitch, said: “The year 2024 marked a central moment for cryptocurrency worldwide, and the first months of 2025 are just as exciting.”
“We are witnessing a separate transformation in the way investors participate in the market,” he added.
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– Coinswitch: the simplest cryptographic application in India
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“Notable increase in commercial activity against Ripple in India”
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“This trend illustrates the rapid and multifaceted nature of the Indian cryptocurrency landscape,” said Srihari.
Despite the changing trends in the volume of exchanges, Bitcoin continues to dominate as a favorite cryptocurrency for long-term investments between Indian investors. According to the Coinswitch report, Bitcoin represents 6.9% of long -term assets, followed closely by: Dogecoin: 6.6%, Ethereum: 5.2%, Shiba Inu: 4.2%. Ripple represents 3.5% of long -term assets in India.
The contrast between commercial volume and long -term investment choices is particularly remarkable. While Ripple leads in commercial activity, Bitcoin maintains its favorite value reserve status for long-term investors, highlighting the various roles that various cryptocurrencies play in investment strategies.
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Key dishes to remember
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Bitcoin, often considered as flagship cryptocurrency worldwide, now holds second position with 8.4% of the volume of negotiation in India, while Dogecoin follows 6.4%.
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The ascent of Ripple to the higher commercial position represents a remarkable return for the cryptocurrency, which has faced significant regulatory challenges in recent years.
The post Ripple Bat Bitcoin and Shiba Inu to become the most exchange of cryptocurrency in India, Coinswitch reports: Best Crypto to buy! appeared first on 99Bitcoins.
