XRP coin ranks third in the most searched and traded coins on Binance for several reasons, including:
Main Reasons
1. *Price Increase*: XRP price surged to $1.77, reaching its highest point in the last two years, attracting investor attention ¹.
2. *Whale Activity*: Large transactions by large coin holders (whales) fueled market speculation and increased interest ¹.
3. *Regulatory Developments*: The legal case between Ripple Labs and the SEC is nearing its end, making investors optimistic about the future of XRP [4].
Supporting Factors
1. *Efficient Technology*: XRP offers fast transactions (~3 seconds) and low fees ($0.0002) ².
2. *Stable Market*: XRP has a stable market with a market cap of $100 billion ¹.
3. *Potential Use Cases*: XRP has huge potential in fintech and international payments ²