Now, Coinbase released its Q2 report, according to which XRP has been a stellar performer in terms of overall trading volume as well.
Ripple is a US-based multi-billion dollar company and the cryptocurrency that it launched – XRP – is undoubtedly one of the most popular in the country.
This is further evidenced by the recnently released
According to the document, XRP trading accounted for more of Coinbase’s trading revenue this year than ETH trading. The margin is slim – just 1%, but the fact that there is such a considerable interest in trading XRP showcases its position as one of the more dominant altcoins in the United States.
This, coupled with its increase in price over the past months is surely a bullish indicator, suggesting a revival following years of suppressed price action largely because of the looming case between the SEC and Ripple Labs.
https://twitter.com/RasterlyRock/status/1951022434225893657?ref_src=twsrc%5Etfw” data-wpel-link=”external” target=”_blank” rel=”nofollow noopener
The post This is Very Bullish (and Surprising) for XRP: Coinbase Reveals appeared first on BitcoinLinux.
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