The post Ripple News: The Most Traded Altcoin: XRP Outpaces Competitors by 4x, Reveals Kaiko Data appeared first on Coinpedia Fintech News
XRP, a cryptocurrency, has been remarkably stable at around $0.50 despite market ups and downs. Technical analysis indicates two significant resistance levels: one at $0.5027 (the 50-day EMA) and another at $0.505.
Data from Kaiko, which tracks cryptocurrency trading, shows that XRP had an impressive average trading volume of $462 million last month. This is much higher than other similar digital currencies. XRP is said to be a low-volatile asset and as of now, it showing resilience despite the SEC beating. While Solana’s trading average was only $128 million.
Pull-Up Factors for XRP Breakthrough
With the fear of XRP bottoming out at $0.50, it is still freezing some serious frenzy for the XRP community. There is no doubt that the core reason behind XRP’s strength is its practical use. It’s not just a digital currency; it’s designed to make
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