Jump to content

The Triumph of XRP Over Bitcoin

Recommended Posts

Dirk Schepens, founder of XRPL-based NFT project xSPECTAR, initiated a conversation on Twitter, highlighting XRP’s blossoming trading volume. This assertion received validation from none other than David Schwartz, Ripple’s Chief Technology Officer.

According to Schwartz, the trading volume of XRP as a percentage of its market cap is now quadruple that of Bitcoin (BTC).

Tweet - 

XRP’s trading activity has indeed been remarkable, showing a trading volume of $3,574,053,006 and a market cap of $44,039,920,411 in the last 24 hours. In comparison, Bitcoin, with a much larger market cap of $584,497,409,360, recorded a trading volume of $11,398,188,517. This results in a trading volume-to-market cap ratio of 8.12% for XRP, far higher than Bitcoin’s 1.95%.


What would you like to add to this? 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...