XRP Gains Momentum: Turkish Investors Drive New Crypto Trends

Turkish investors are driving a surge in interest for XRP, a cryptocurrency known for its rapid growth. According to Glassnode data, the altcoin has become a popular choice among individual investors in recent cycles, unlike Bitcoin which has seen more consistent investment from institutions. This shift in investor behavior has led to significant activity on the XRP network – a 490% increase in active addresses since hitting the lows of 2022, compared to just a 10% rise for Bitcoin. This surge is attributed to a sudden price rally in December 2023, sparked by a burst of investor interest.