Weiss Ratings: In the US, Ripple (XRP) More Popular than Bitcoin (BTC)
Bitcoin might be the most popular and
leading cryptocurrency in the world, but its popularity in the United States
doesn’t match that of another crypto. Weiss Ratings has revealed that XRP is
more popular in the US compared to Bitcoin.
XRP Googled More Than BTC
In a tweet by Weiss Ratings, the
company revealed that XRP was more famous than BTC in the US last year. They stated that “According to Google Trends
last year, the number of US users searching for “how to buy #Ripple” was
greater than the popular search engine query “how to buy #Bitcoin.” This should
make #XRP fans happy.”
This comes as a surprise to many as
Bitcoin had been the primary investment tool for people venturing into the
cryptocurrency space. However, Ripple has been making some positive headlines
since the start of the year.
Weiss, in its report last month, noted that it believes XRP to succeed this year. The rating
company looked into 120 cryptocurrencies and ranked them according to their
technology and the likelihood of their success. Topping that list is XRP,
followed by EOS and Bitcoin. XRP was considered the best cryptocurrency in
terms of adoption and technology.
However, at the top of the list after
considering risk and reward ratios is EOS, followed by XRP and Bitcoin. The
rating agency believes that XRP is currently the second-best cryptocurrency
just behind EOS and ahead of Bitcoin and Ethereum.
XRP has started gaining a lot of
usage as more banks and financial institutions across the globe sign up to make
use of Ripple products such as xRapid and others. The interest in the
cryptocurrency and Ripple’s remittance products by financial institutions could
be one of the reasons why US investors are interested in learning more and the
various ways to invest in it.
Weiss Was Not Always an XRP Fan
Weiss has become impressed by XRP
over the past few months, but the situation was different last year. The rating
company early last year slammed XRP for lack of superior technology, preferring
Stellar over Ripple. The company said “#Ripple ($XRP) has the
adoption, but does it have the superior tech? Stellar (#XLM) is more open and
decentralized than XRP, staying truer to the philosophy of #crypto. It also
allows for custom token creation and supports #DEX. Which is better, in your
This was followed by another bashing
in September last year, with the company slamming XRP and a few other
cryptocurrencies. Weiss looked into eight cryptocurrencies and declared that four of them were an absolute steal
for those who believe that the crypto market would return to its former glory.
XRP, IOTA, NEO, and ADA were the coins slammed by Weiss, with some users of the
view that the cryptocurrencies are not worth more than their prices at that
Even though Weiss claims that it does
not receive compensation for its ratings, it has not always been fond of XRP.
However, the cryptocurrency has turned things around since the start of the
The cryptocurrency market has been
affected by the bear cycle over the past year and a half, and most projects
have focused on improving their technologies and boosting adoption. XRP is one
of such projects, and it is staking a claim to become the best crypto this