The internet is witnessing notable activity as searches for $XRP , the fourth largest cryptocurrency by market capitalization, reach new levels. In the past seven days, interest in searching for $XRP on Google has risen, exceeding 100% during the study period.
Europe leads the search wave for #XRP
The increasing interest in $XRP indicates potential investors' eagerness to learn more about XRP's performance and prospects in the cryptocurrency field. This research is global, with European countries leading the interest.
Notably, the Netherlands topped the list with 100%, followed by Germany, where approximately 84% of cryptocurrency-related searches focused on XRP. Other countries that showed significant interest in XRP include Switzerland, Finland, and Australia, with increases of 77%, 73%, and 66%, respectively.
Most searches are linked to potential approval dates for the XRP exchange-traded fund (ETF), which reached 150%. This development indicates significant interest in the currency.
In general, the more interest there is in researching an asset, the more likely its price is to rise significantly. This is because research indicates increasing interest in XRP. It is likely that after obtaining the information, these potential investors will proceed to buy some XRP coins.
XRP price rises amid search frenzy
As of the time of publication, XRP's price recorded a rise of 4.96%, from $2.14 to $2.27, according to CoinMarketCap data. Investors are actively trading the currency, driving trading volume to increase by a massive 59.9% to reach $2.81 billion.
XRP has shown resilience in the cryptocurrency field, and investors are eagerly awaiting a strong breakout from the consolidation phase towards higher levels. Many expect XRP to retest the $3 level again and stabilize above it. The increasing interest in XRP may support its recovery to the $3 price, possibly surpassing it towards $10 in a bullish scenario. Analysts believe that if XRP's price exceeds $3 and the ecosystem maintains its momentum, this rise could surprise the cryptocurrency community soon.
