Ripple (XRP) has emerged as the most actively traded cryptocurrency among Indian investors, according to a recent CoinSwitch report, which indicates that XRP now holds 13.3% of the total trading volume in India, outperforming both Bitcoin and Shiba Inu.

Reportedly, Bitcoin trails closely behind with an 8.4% share, while Dogecoin accounts for 6.4%. Other notable cryptocurrencies include Solana (5.6%), Ethereum (4.4%), PEPE (3.1%), and Shiba Inu (2.6%).

Balaji Srihari, Vice President of CoinSwitch, commented:

“The year 2024 marked a pivotal moment for cryptocurrency on a global scale, and the early months of 2025 are equally thrilling.”

He explains a shift in trading behaviors, asserting,

“We are witnessing a distinct transformation in how investors are participating in the market.”

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