XRP:$XRP The Most Traded Altcoin on Binance in December 2024
In December 2024, XRP emerged as the most traded altcoin on Binance Futures, recording a trading volume of over $116.6 million. This achievement came at a time when major cryptocurrencies like Bitcoin were experiencing price corrections.
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Why is XRP Gaining Popularity?
Fast Transactions: XRP transactions complete within 3–5 seconds.
Low Fees: Each transaction incurs minimal fees, making it attractive to users.
Bank Adoption: Global financial institutions like SBI and Santander are integrating XRP.
Regulatory Clarity: In 2023, the U.S. SEC ruled that XRP is not a security, increasing investor confidence.