XRP has become one of the hottest topics in the cryptocurrency market with its rise. Despite Bitcoin's recent decline, the XRP price fell to the $2 limit but broke a record in another area.
XRP's Record on Binance
According to the latest data, XRP became the most traded altcoin on Binance in December, hitting a three-year high.
XRP Trading Volume Surge
CryptoQuant analyst noted that the volume of trading in XRP on Binance Futures is 116.6 billion, even though December is not over yet.
Analyst Insights
Analysts emphasize the importance of tracking the most traded altcoins on Binance. In their opinion, focusing on such assets could be vital for trading. "Both Bitcoin and altcoins have seen major declines recently. However, XRP seems set to recover faster than most altcoins despite broader market challenges," an analyst commented.
Despite market challenges, XRP has shown a significant increase in trading activity, making it one of the key coins to watch in the near term.
