Market Shift: $XRP overtakes Ethereum in Coinbase Retail Revenue.
In a surprising Q2 twist XRP edged past ETH in Coinbase consumer transaction revenue, 13% vs 12% despite Eth's recovery from a slow Q1.
This follows XRP's strong Q1 momentum after the SEC dropped its appeal in the Ripple case boosting retail interest. Although overall Coinbase transactions revenue slide 39% QoQ to $764M, XRP's traction among retail users remained solid.
Is XRP retail demand outpacing ETH's narrative for now? let's watch the next move.
The recent price action shows $TREE is gaining momentum, likely driven by the Binance lending announcement as well as the BingX trade and deposit event.
The significant volume increase in the last few hours suggest growing traders interest following development. The overall trend remains positive compared to yesterday's trading range.