Incredible But True: Ripple Becomes The Number 1 Cryptocurrency In India

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There are moments when the lines move without warning, when the king wavers and an outsider takes the spotlight. In India, a silent revolution is underway: Ripple (XRP) dethrones Bitcoin in the order books. And this seems to be just the beginning.
CoinSwitch, India’s largest crypto exchange platform, published its report for the first quarter of 2025. Surprise: Ripple becomes the most traded asset, capturing 13.3% of the total volume. Far ahead of Bitcoin (8.4%), Dogecoin (6.4%), and Shiba Inu (2.6%), XRP takes the lead in a booming market.
“Ripple took the top spot on the podium, replacing Shiba Inu and signaling renewed interest from traders in this token“, highlights the report.
The Indian scene seems to reward projects showing resilience. And Ripple, after its years of arm wrestling with the SEC, stands out as a solid and reassuring survivor. Enough to fuel enthusiasm driven by the hope of a lasting rally.
But the Indian strategy does not stop at compulsive trading. In terms of long-term investments, bitcoin holds the advantage, representing 6.9% of portfolios. Dogecoin (6.6%) and Ethereum (5.2%) complete the top three. XRP, with 3.5%, still makes a remarkable entry.
Another trend emerges: the rise of high-risk memecoins like PEPE (3.1% trading volume) and BONK. Assets on the border between finance and entertainment, attracting a generation of younger, more connected, and less shy investors.
The Vice President of CoinSwitch, Balaji Srihari, sums it up as follows:
We are witnessing a clear shift in how investors participate in the market.
This shift is intensified by the emergence of projects at the crossroads of crypto and artificial intelligence. Example: MIND of Pepe, a self-evolving AI agent, infiltrates social conversations, scans trends, offers market insights, and promises astronomical returns to token holders.
While the project inspires curiosity and speculation, it mainly illustrates a growing appetite for cryptos with technological added value.
Behind these figures, one reality imposes itself: India has become a global laboratory for crypto behaviors. While Europe is bogged down in its regulations and the United States is barely emerging from a period of institutional hostility, New Delhi offers a free stage for experimentation.
Moreover, the diversity of favored cryptos says a lot: Solana (5.6%), Ethereum (4.4%), Cardano (2.5%), Polygon (2.9%), Internet Computer (2.8%)… All choices that reflect a composite portfolio strategy, blending caution, opportunism, and technological faith.
Finally, let us not forget this revealing statistic: Ripple wasn’t even in the top 3 last December. It is now the most traded. And this, in a market of over a billion people, is not just a passing thrill. It may be a sign of the times.
While bitcoin has just achieved a spectacular rise to $90,000, India is experiencing an unexpected upheaval: Ripple becomes the most traded crypto in the country, relegating BTC and SHIB behind it. This turnaround highlights the rapid evolution of Indian investors’ preferences in an increasingly dynamic market.
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La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
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