The asset has also registered one of the biggest gains for any asset in the first quarter of the year due to its late-minute rally.
XRP is ranked among the most viewed cryptocurrencies in North America and Oceania on CoinMarketCap (CMC), one of the most-referenced leading price-tracking platforms in the crypto scene. The feat is a testament to the growing interest the asset is garnering of late.
CoinMarketCap highlighted the achievement in its report for the crypto market in Q1 2023. The report disclosed the performance of the cryptocurrency scene in Q1, taking into account some notable trends among individual assets.
According to the report, XRP took a huge chunk of the market share regarding viewed assets in North America and Oceania. The asset saw a 10.66% share in investor interest in North America, making it the fourth most viewed cryptocurrency in the region. North American countries such as the United States and Canada boast a considerably high amount of CMC users.
In addition to North America, XRP was Oceania’s fourth most viewed coin, with an 11.45% share. In both regions, the asset towers over Solana (SOL) but remains behind Bitcoin (BTC), Shiba Inu (SHIB), and Ethereum (ETH), which secure the first three positions.
Moreover, XRP was among the cryptocurrencies most added to investors’ watchlists in Q1 2023, holding fourth position. The asset was added to 158,754 watchlists from January to March. For context, Ethereum, which secures the sixth position, was added to 95,100 watchlists within the time frame.
Increase in Investors’ Interest
These metrics suggest an impressive increase in interest as investors look to add the asset to their bags, especially considering the renewed optimism regarding the SEC vs Ripple case.
WhaleStats disclosed last week that XRP is among the largest held assets by the 2,000 BSC whales, making up 2% of their cumulative holdings.
? The top 2000 #BSC whales are hodling
$63,784,004 $LYO
$27,082,719 $XRP
$20,945,818 $USDZ
$20,519,180 $PALLA
$16,114,143 $SFP
$12,062,904 $ALPINE
$11,515,713 $PHB
$11,110,093 $REEFWhale leaderboard ?https://t.co/gGAxYJttsD pic.twitter.com/4JT8qWGvfZ
— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) March 27, 2023
Meanwhile, the asset has registered one of the most significant gains for any cryptocurrency in Q1, owing to its late-minute rally. The rally recently faced some opposition, but XRP is still 32% up from its price of $0.376 two weeks back. The asset is currently trading for $0.4971, up 2.56% in the past week.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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