XRP Surges 13% in India, Overtakes Bitcoin and Dogecoin in Q1 2025

In the first quarter of 2025, Ripple’s XRP has emerged as the leading cryptocurrency in India’s dynamic crypto market, surpassing both Bitcoin and Dogecoin in terms of active trading. This shift is notable as it indicates a growing interest among Indian traders in XRP, which has traditionally been overshadowed by more established cryptocurrencies like Bitcoin and Ethereum.

According to a report from one of India’s largest cryptocurrency trading platforms, XRP has become the most traded cryptocurrency in the country during this period. This achievement is significant as it marks a departure from the dominance of popular tokens like Shiba Inu and Dogecoin, which have historically enjoyed strong support from Indian investors. XRP now accounts for over 13% of total trades on the platform, reflecting a substantial increase in its popularity among traders.

Experts attribute this surge in XRP’s trading volume to recent positive developments in Ripple’s global operations and legal battles. These updates have likely bolstered investor confidence, encouraging more people to engage in buying and trading XRP. Despite XRP’s rise in trading activity, Bitcoin and Dogecoin continue to be favored by Indian investors for long-term holdings, indicating a preference for established cryptocurrencies in this context.

In addition to Ripple’s ascent, the Indian crypto market has also seen the emergence of new meme coins like PEPE, which are beginning to capture the attention of traders. Meanwhile, older tokens like Loopring are gradually losing their prominence, highlighting the rapid pace of change in the market. This trend suggests that both seasoned investors and new entrants are eager to explore new opportunities as they become available.

A senior executive from the trading platform commented on the market dynamics, stating that the first few months of 2025 have demonstrated the fluid nature of the Indian crypto market. While some cryptocurrencies remain popular for long-term investments, traders are actively seeking out new tokens like Ripple, driven by global events and increasing awareness. This observation underscores the market’s responsiveness to external factors and the evolving preferences of Indian traders.