India's cryptocurrency landscape is evolving rapidly, with notable shifts in trading and investment patterns during the first quarter of 2025. According to CoinSwitch's latest report, Ripple (XRP) has emerged as the most traded cryptocurrency, while meme coin PEPE has entered the top 10 holdings among investors.​

Key Highlights from CoinSwitch's Q1 2025 Report

  • XRP Leads Trading Activity:
    Ripple (XRP) accounted for 13.3% of total trades on CoinSwitch, surpassing Bitcoin (8.4%) and Dogecoin (6.4%).

  • Bitcoin Remains Top Holding:
    Despite XRP's trading surge, Bitcoin continues to be the most held asset, comprising 6.9% of investor portfolios.

  • PEPE Enters Top Holdings:
    Meme coin PEPE has made its way into the top 10 holdings, reflecting a growing interest in high-risk, high-reward investments among younger investors.

Insights from CoinSwitch

Balaji Srihari, Vice President at CoinSwitch, noted:

"Meme coins like PEPE and BONK are gaining traction, especially among young investors who are open to high-risk, high-reward opportunities." 

This trend illustrates the fast-evolving and multifaceted nature of the Indian cryptocurrency landscape.​

Broader Market Dynamics

  • Diverse Investment Strategies:
    Indian investors are balancing traditional assets like Bitcoin and Ethereum with newer, trend-driven tokens such as PEPE and POPCAT.​

  • Emerging Investor Demographics:
    The rise in meme coin popularity indicates a shift towards more speculative investments, particularly among younger demographics seeking quick gains.​

Looking Ahead

As India's crypto market continues to mature, these trends suggest a dynamic environment where investor preferences are rapidly evolving. With potential regulatory developments on the horizon, the coming quarters may bring further changes to trading and investment behaviors.​


#IndiaCryptoTrends #XRP #PEPECoin

💡Stay Informed: Don’t miss out! Follow BTCRead on Binance Square for the latest updates and more.✅🌐


📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.