Japanese banks are making a big bet on XRP, with trading volume surpassing Ethereum! Is a new round of reshuffling beginning?
The Japanese banking industry is on the brink of significant change—nearly 80% of banks expect to adopt XRP as a cross-border payment tool by 2025. Driven by this, XRP's trading volume in Japan has officially surpassed Ethereum, only second to Bitcoin. According to data from the SBI Group, the trading activity of XRP/JPY ranks second on the platform, while projects like Ethereum and Solana are being marginalized.
This trend is not coincidental. Ripple has long established deep cooperation with Japanese financial institutions, and the trust built over time is now exploding. SBI Group's leader, Yoshitaka Kitao, bluntly stated that the actual use cases of XRP far exceed that of assets with 'no intrinsic value'.
Moreover, it is worth noting that XRP has successfully landed on one of Japan's largest e-commerce platforms, Mercoin, reaching a vast number of retail users entering the market for the first time, further solidifying its market position.
As the regulatory direction remains unclear in China and the U.S., Japan has made its choice through action. In the coming years, can XRP rely on strong demand and real applications to reshape the global crypto landscape?