Data from CryptoQuant analyst JA Maartunn recentyl revealed the most traded altcoin on Binance this December.
The altcoin that took the number one spot was XRP, which amassed a trading volume of over $116.6 million on Binance Futures.
While Bitcoin and other altcoins have faced steep price declines recently, Maartunn suggests that XRP may rebound “relatively quickly.”
Yesterday, XRP dropped to an intraday low of $2.13, but managed to recover back to around $2.23 at the time of writing.
The token has been struggling, falling about 10% in the past week and losing more than 25% since hitting a multi-year high on December 3.
Additionally, CoinGlass data indicates that XRP’s open interest is at $1.90 billion, with Binance contributing nearly half of this total at $812 million.
While Bitcoin continues to capture attention with its strong 2025 outlook, several altcoins may be facing near-term turbulence.
BlackRock is making another assertive move into digital assets, quietly expanding its crypto portfolio with sizable purchases of both Bitcoin and Ethereum.
Ethereum appears to be entering a pivotal stage, with subtle shifts across its ecosystem hinting at a potential breakout.
Ethereum could one day surpass Bitcoin in value, not through speculation, but by anchoring a new kind of financial system, according to a key blockchain executive.