XRP and PEPE Take the Lead in India's Crypto Trends - A Shift in Investor Behavior
XRP Overtakes Bitcoin: A Remarkable Trading Surge
India’s crypto market is changing fast. While Bitcoin is still the most popular coin, Ripple (XRP) has become the most traded coin in Q1 2025. Meme coin PEPE also made its way into the top 10 coins held by investors, according to new data from CoinSwitch.
Ripple Becomes India's Most Traded Coin
Ripple (XRP) made a big jump, accounting for 13.3% of total trades between January and March. This marks a notable rise from its position in December, where XRP was traded more than Shiba Inu and Bitcoin.
- Coins like Ripple and Solana are surging in trading activity.
- Recent global developments may be driving this trend.
The report indicates that younger investors are engaging with both long-term reliable options like Bitcoin and Ethereum and experimenting with riskier assets like PEPE and POPCAT.
Bitcoin's Dominance in Holdings
Despite XRP's trading surge, Bitcoin retains its position as the most held coin among Indian investors at 6.9%. It is followed closely by Dogecoin (6.6%) and Ethereum (5.2%). Interestingly, PEPE has a 1.9% share in investor portfolios, highlighting the evolving preferences of younger investors.
- Other top-held coins include:
- Shiba Inu (4.2%)
- Ripple (3.5%)
- Cardano (3.3%)
- Polygon (2.9%)
- Internet Computer (2.8%)
- Solana (2.3%)
Meme Coins Gaining Serious Traction
Meme coins like PEPE and BONK are becoming popular, particularly among younger investors. The interest reflects a balanced strategy between long-term trust in established coins and short-term speculation on trending tokens.
As new regulations for the market are anticipated, the landscape for crypto investments could change significantly in the upcoming quarters.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.