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XRP Tops Coinbase Search Rankings, Outperforms BTC, ETH, and BNB

XRP Tops Coinbase Search Rankings, Outperforms BTC, ETH, and BNB WikiBit 2025-10-09 19:00

In a remarkable development, XRP has emerged as the most searched token on the largest U.S.-based cr

In a remarkable development, XRP has emerged as the most searched token on the largest U.S.-based crypto exchange, Coinbase, over the past 24 hours.

Data from Coinbases internal metrics, shared by community figure Moonkie, reveals that XRP attracted 32,000 searches in the past 24 hours. This figure ranks it as the most searched cryptocurrency on the platform.

Notably, XRP outpaced other major digital assets, with Bitcoin recording 26,000 searches. Meanwhile, BNB saw 22,000 searches, and Ethereum generated 18,000 during the same period.

XRPs gains have notably outperformed those of other major assets during the same period. Compared to Bitcoin, XRP has seen a massive gain of 162.56%. Relative to Ethereum, XRP outperformed it by 188.63%. It also surpassed the broader market by 179.06%.

Potential Reason Behind XRP Soaring Search Volume

Meanwhile, search trends often precede trading activity, suggesting XRP could be gaining short-term momentum or attention from new investors. While the exact reason for the surge in XRP searches remains unclear at press time, some observers speculate that it may be tied to the anticipation of an XRP ETF announcement.

For context, the SEC‘s final decision deadline for some proposed XRP-focused ETFs is expected later this month. However, analysts suggest that the timeline could be pushed back due to the ongoing U.S. government shutdown, which has restricted the SEC’s operations.

Additionally, the regulators adoption of the Generic Listing Standards has rendered these deadlines ineffective, allowing the SEC to approve and disapprove products at any time. Despite this, optimism about an imminent approval remains high, which could be driving interest in XRP.

XRP Trading Volume on Coinbase Lags Behind Bitcoin and Ethereum

Meanwhile, the development comes on the heels of a modest correction across the broader crypto market. Amid the downturn, XRP has fallen below the $3 mark and is currently trading at $2.82 per token. This represents a 5.26% dip over the past week and a decline of 1.05% in the past 24 hours.

Following the dip, investors are shielding themselves from further losses with reduced trading activity. According to data from CoinMarketCap, XRPs volume has plunged 36.97% over the past day to $4.59 billion. Notably, $180 million, representing 3.92% of the entire XRP trading volume, was recorded on Coinbase.

Declining XRP Activity on Coinbase

Despite leading Coinbases search metric, XRP currently stands as the fourth most traded asset on the exchange, ranking behind Solana, Ethereum, and Bitcoin, which recorded $265.32 million, $578.65 million, and $716.60 million, respectively.

In the meantime, the amount of XRP Coinbase holds in reserve has increased to 16.89 million tokens, marking a modest 3.05% increase from the figure reported on October 6, 2025.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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