According to recent data, the Ripple-affiliated XRP cryptocurrency is far more popular with Japanese investor compared to Ethereum (ETH).

XRP has an 18% share of the tokens stored on Japanese exchanges.

Ethereum (ETH) comes in third place with a 14.4% share of the market.

HOT Stories XRP Performs Biggest Breakout Since 2024 Man Arrested for Promoting Crypto on Top of Hollywood Sign: Details 58,303,050 SHIB Burned as Shiba Inu Registers Impressive Weekly Gains XRP Skyrockets 17%: Can It Rebound to $3? Key Levels to Watch

Bitcoin is in the first place with a 65% share of total exchange holdings. Notably, the share of the leading cryptocurrency has grown substantially over the past several years despite the proliferation of altcoins.

XRP's popularity does not come as a surprise given that Ripple has long had a strong presence in Japan.

Back in 2016, Japanese financial behemoth SBI teamed up with Ripple in order to launch a new crypto venture called SBI Ripple Asia.

Related
Fri, 01/31/2025 - 15:59 Japan's Third-Richest Person Just Gave Bitcoin 'Huge Endorsement'
Alex Dovbnya

In 2019, SBI CEO Yoshitaka Kitao also joined Ripple's board of directors.

Back in 2020, Ripple also considered moving its global headquarters to Tokyo amid legal troubles in the U.S. However, it then decided to stay on its home turf in San Francisco.

Ripple CEO Brad Garlinghouse has repeatedly praised Japan as one of the most crypto-friendly jurisdictions.

Last year, Ripple also launched a new fund focused on Japan and South Korea in order to promote blockchain innovation in these two markets.

SBI Group has also agreed to use XRP Ledger, which is a first for the Japanese market.

As reported by U.Today, XRP has also gained significant traction in South Korea, which is known for having a penchant for altcoins.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。