XRP Overtakes Ethereum in Google Search Volume
According to Google Trends data, XRP has surpassed Ethereum and other cryptocurrencies in search volume in the United States. Over the past month, XRP has consistently outperformed its competitors, indicating a growing interest in the digital asset.
Wide Interest Across the US
The Google Trends data shows that the interest in XRP is not limited to specific regions within the United States. In fact, over 90% of Americans show a preference for XRP over Ethereum. States like Iowa, West Virginia, Louisiana, Montana, and Delaware are leading the way in terms of search interest.
Reasons Behind XRP’s Surge
XRP’s price has experienced a significant rally, reaching $0.60 and seeing a 25% increase in just two weeks. This surge is accompanied by a record-breaking milestone of 277,620 wallets holding at least 10,000 XRP tokens, indicating renewed investor trust. Additionally, XRP’s trading volume has surged by 57.66%, reaching $2.19 billion.
Ripple’s Q3 2023 Report
Ripple’s Q3 2023 report further supports XRP’s rising popularity. The report reveals that Ripple sold over 892 million XRP during this quarter. It’s worth noting that a significant portion of XRP, approximately 41.3 billion tokens, remains locked away in escrow.
Hot Take: Exciting Times Ahead for XRP
With XRP stealing the limelight and gaining widespread interest in the United States, it is clear that exciting times lie ahead for this digital asset. The surge in search volume, price rally, increased trading volume, and positive reports from Ripple indicate a promising future for XRP in the cryptocurrency landscape.
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