Latin Americans are buying this altcoin the most after Bitcoin! It has surpassed Ethereum and Solana!

2025-04-21 08:38:07

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The recent drop in prices of Bitcoin and altcoins over the past few months has caused them to fall to levels not seen for a long time.

These drops cause investors to review their portfolios, while a recent report revealed that Latin Americans purchased the most XRP.

According to a recent report by Bitso, XRP became the most purchased altcoin by residents of Latin America.

According to the report, XRP accounted for 9% of all cryptocurrency purchases in 2024. Compared to other altcoins, purchases remained at 5% for Ethereum (ETH), 4% for Solana (SOL), and 2% for Dogecoin (DOGE).

This data shows that a larger number of users prefer XRP over the best-known altcoins such as ETH and SOL.

As interest in XRP gains momentum among investors, Bitcoin and stablecoins - USDC and USDT- continue to be the most acquired primary assets.

Bitcoin (BTC) took 22% of all purchases last year, while stablecoins led the overall trading activity, accounting for 39% of transactions.

The report stated that XRP has started to take an important place in user portfolios. Indeed, the report expressed that in 2023, XRP was not a part of the average user’s portfolio. This change indicates that a long-term trend for XRP has emerged among investors in Latin America.

BTC-4,16%

ETH-7,51%

SOL-5,11%

XRP-4,02%

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