XRP Becomes Most Traded Asset on Uphold
Ripple’s XRP has surpassed Bitcoin and Ether to become the most traded digital asset on Uphold, a partnership that has led to increased user engagement and promotional activities like XRP airdrops and giveaways. This dominance in the U.S. markets further indicates the growing popularity of XRP.
XRP Surpasses BTC and ETH
Uphold’s Head of Research, Dr. Martin Hiesboeck, has revealed that XRP has been the top traded digital asset on the platform for the past week, with almost 75% of users purchasing amounts of the coin. Interestingly, Bitcoin and Ether ranked fifth and eighth, respectively, among the largest cryptocurrencies by market capitalization.
Earlier this year, XRP was also the most traded altcoin on US-based cryptocurrency exchanges, with Solana, Litecoin, and Dogecoin following closely behind.
Uphold and Ripple Partnership
In October, Ripple teamed up with Uphold to enhance their cross-border payments infrastructure. This partnership aims to make efficient crypto-to-fiat transfers and bank payouts. As part of this collaboration, Uphold increased its XRP airdrop and introduced a giveaway where one lucky client will receive 50,000 XRP.
Hot Take: XRP’s Rise Continues
The rise of Ripple’s XRP shows no signs of slowing down as it surpasses major cryptocurrencies like Bitcoin and Ether in trading volume on Uphold. With its growing popularity in both the U.S. markets and US-based cryptocurrency exchanges earlier this year, it is clear that XRP has captured the attention of investors. The partnership between Ripple and Uphold has further boosted its prominence through promotional activities like airdrops and giveaways. As XRP continues its uptrend, it remains a digital asset to watch in the crypto market.
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