XRP Trading Volume Surpasses Bitcoin and Ethereum

XRP, Ripple's native cryptocurrency, has experienced a significant trading surge, surpassing Bitcoin and Ethereum in trading volume on platforms such as Coinbase, indicating increased U.S. investor interest. The price of XRP has risen to $3.4, equaling its all-time high from 2018, driven by whale activity and anticipation of supportive regulatory changes under the incoming Trump administration. This surge coincides with broader cryptocurrency market trends, where Ethereum transaction fees have surpassed Bitcoin, reflecting increased decentralized finance activity on the network. Additionally, XRP's rise is linked to potential approval of a spot XRP exchange-traded fund (ETF) in the U.S. and social media speculation following meetings between Ripple's CEO and President-elect Trump. Meanwhile, Bitcoin's price hovers near resistance levels, and Ethereum's network shows signs of congestion, impacting trading strategies across the crypto market. These developments highlight shifting preferences in cryptocurrency trading and investing, emphasizing the role of regulatory changes and network dynamics.