Ripple’s XRP Leads India’s Crypto Trading in Early 2025

Ripple’s XRP has surged to become the top traded cryptocurrency in India for Q1 2025, surpassing popular tokens like Dogecoin. This shift is attributed to Ripple’s recent legal wins and a growing investor confidence. Although Bitcoin and Dogecoin maintain a strong presence, traders seem to be favouring XRP for active trading. Projections for XRP’s future price are optimistic, with estimates suggesting significant growth by 2025, 2030, and even 2040.

Ripple’s XRP is having quite a moment in India’s cryptocurrency market. Recent figures from CoinSwitch, a prominent trading platform, show that XRP has topped crypto trades for Q1 2025, outshining popular tokens like Shiba Inu and even Dogecoin. It now holds over 13% of total transactions on the platform, a sign that traders are really paying attention to it. Experts suggest this surge in interest is largely due to Ripple’s recent legal victories and positive investor sentiment, making XRP the altcoin of choice for active trading right now.

Despite XRP’s rise, Bitcoin and Dogecoin continue to be popular in India as well. They remain key assets for long-term investments among many Indian crypto investors, but when it comes to day-to-day trading, XRP seems to be standing out in early 2025. This trend indicates a shift where traders are more willing to explore altcoins instead of sticking solely with long-established currencies. Meanwhile, new meme coins like PEPE are gaining traction, although older ones such as Loopring appear to be falling out of favour. The rapid fluctuations hint at how quickly the landscape can change in the crypto world.

A spokesperson from CoinSwitch noted the dynamic nature of India’s crypto sector. The market in these first few months of 2025 reflects both the growing energy of traders hunting for the next big opportunity and the impact of global events on local market behaviour. It seems that while certain cryptocurrencies continue to be household names for long-term hold, there’s a lively competition for traders’ favour, with Ripple firmly in the mix now.

For those keeping an eye on XRP in the long run, projections are optimistic. Some analysts suggest XRP could peak at around $5.81 by the end of 2025, while by 2030, estimates range between $16.92 and $26.97, largely hinging on institutional interest and technological advancements. Fast forward to 2040, and predictions speculate XRP might even hit $178.82, provided it maintains its competitive edge in cross-border payments and secures supportive regulations. So, it’s a fascinating time to watch how XRP develops.