XRP has recently become the second most-traded cryptocurrency on SBI VC Trade, overtaking Ethereum (ETH) in Japan. This shift highlights XRP’s increasing popularity in the Japanese market.
Bitcoin remains the most traded, while Solana (SOL) and Dogecoin (DOGE) rank fourth and fifth respectively. XRP’s strong market presence is notable, especially as it gains traction among cryptocurrency investors.
XRP’s availability on Mercoin, a popular Japanese marketplace app, signifies its growing acceptance. According to former Ripple executive Emi Yoshikawa, this aligns with the trend of attracting first-time cryptocurrency buyers.
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