{"id":18035,"date":"2023-02-18T18:59:21","date_gmt":"2023-02-18T18:59:21","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/02\/18\/not-ethereum-ripple-xrp-is-second-to-bitcoin-in-japan-why\/"},"modified":"2023-02-18T18:59:21","modified_gmt":"2023-02-18T18:59:21","slug":"not-ethereum-ripple-xrp-is-second-to-bitcoin-in-japan-why","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/02\/18\/not-ethereum-ripple-xrp-is-second-to-bitcoin-in-japan-why\/","title":{"rendered":"Not Ethereum, Ripple (XRP) Is Second To Bitcoin In Japan: Why?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><iframe loading=\"lazy\" src=\"https:\/\/coingape.com\/not-ethereum-ripple-xrp-is-second-to-bitcoin-in-japan-heres-why\/about:blank\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\" data-rocket-lazyload=\"fitvidscompatible\" data-lazy-src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\"><br \/>\n<\/iframe><noscript><iframe loading=\"lazy\" src=\"https:\/\/servedbyadbutler.com\/adserve\/;ID=180936;size=320x100;setID=508113;type=iframe;click=CLICK_MACRO_PLACEHOLDER\" width=\"320\" height=\"100\" marginwidth=\"0\" marginheight=\"0\" hspace=\"0\" vspace=\"0\" frameborder=\"0\" scrolling=\"no\"><br \/>\n<\/iframe><\/noscript>\n<\/p>\n<p><strong>Ripple XRP News<\/strong>: Not many <a href=\"https:\/\/coingape.com\/markets\/\">top cryptocurrencies<\/a> of the previous lived as much as expectations whereas many others have even did not survive. Amid a number of waves of FUD and market pressures, just a few cryptocurrencies continued to take care of their pole place within the crypto market through the years. Ripple (XRP) is likely one of the few cryptocurrencies aside from Bitcoin and Ethereum to have persistently maintained its dominance. Despite the uncertainties across the <a href=\"https:\/\/coingape.com\/tag\/ripple-vs-sec\/\">XRP SEC lawsuit<\/a>, a powerful neighborhood stood in assist of the cryptocurrency.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/bitcoin-ordinals-already-proving-to-be-game-changing-on-chain-data\/?utm_source=24hrsupdateall\">Huge Shift For Bitcoin Miners With Rise Of Ordinals, On-Chain Data Suggests<\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>The lawsuit is in its ultimate levels, with the courtroom but to pronounce its abstract judgement on the US Securities and Exchange Commission\u2019s (SEC) argument that XRP was bought within the type of unregistered securities. Meanwhile, the XRP neighborhood is stronger in some areas than others for a purpose, a latest research discovered.<\/p>\n<h2>Ripple (XRP) Popularity In Japan<\/h2>\n<p>So far, it was not clearly identified why XRP has a powerful neighborhood base in Japan. The <a href=\"https:\/\/coingape.com\/glossary\/altcoins\/\">altcoin<\/a>\u2018s popularity in the country is on similar levels with that of Bitcoin, trumping Ethereum, which is only third most popular cryptocurrency in Japan. According to a <a rel=\"nofollow\" href=\"https:\/\/arxiv.org\/pdf\/2302.07619.pdf\">study<\/a> on Non-Performing Assets Cases and Cryptocurrency in Japan, there are concrete reasons behind the popularity of XRP. The cryptocurrency\u2019s affiliation with Japanese VC agency SBI Holdings is the first purpose behind Ripple\u2019s success in Japan.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>The research discovered XRP was favourite cryptocurrency for 25% of respondents whereas Bitcoin\u2019s recognition stood at 26%. Ethereum stands as a distant third coin when it comes to recognition.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<p>Until lately, Yoshitaka Kitao, the CEO of SBI Holdings, was a part of Ripple\u2019s board of administrators. SBI\u2019s hyperlinks with Ripple date again to 2017, which was when XRP turned standard in Japan. In reality, <a href=\"https:\/\/coingape.com\/xrp-news-shareholder-benefit-from-this-ex-ripple-board-member\/\">SBI\u2019s shareholder benefit in XRP<\/a> made information in January 2023.\u00a0The firm had provided its shareholders an incentive possibility of receiving advantages in XRP.<\/p>\n<p>Also Read: <a href=\"https:\/\/coingape.com\/ethereum-eth-price-on-the-verge-of-massive-dump-following-shanghai-upgrade\/?utm_source=sidebartabnews\">Ethereum Shanghai Upgrade To Trigger Massive ETH Price Dump?<\/a><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.59 --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA139497\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<div class=\"authodes\">\n<p>Anvesh reviews main developments round crypto adoption and buying and selling alternatives. Having been related to the business since 2016, he&#8217;s now a powerful advocate of decentralized applied sciences. Anvesh is at the moment primarily based in India. Follow Anvesh on Twitter at @BitcoinReddy and attain out to him at <a href=\"https:\/\/coingape.com\/cdn-cgi\/l\/email-protection\" class=\"__cf_email__\" data-cfemail=\"0d6c637b687e654d6e6264636a6c7d68236e626023\">[email\u00a0protected]<\/a>                         <\/p><\/div>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/69560a4be8debdb70e914532faf8168a?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD139497\">\n<p>  The introduced content material could embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coingape.com\/not-ethereum-ripple-xrp-is-second-to-bitcoin-in-japan-heres-why\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Ripple XRP News: Not many top cryptocurrencies of the previous lived as much as expectations whereas many others have even did not survive. Amid a number of waves of FUD and market pressures, just a few cryptocurrencies continued to take care of their pole place within the crypto market through the years. Ripple (XRP) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16953,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[14],"tags":[20,108,804,223,757],"class_list":["post-18035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-bitcoin","tag-ethereum","tag-japan","tag-ripple","tag-xrp","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=18035"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18035\/revisions"}],"predecessor-version":[{"id":18036,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/18035\/revisions\/18036"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/16953"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=18035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=18035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=18035"}],"curies":[{"name":"wp","href":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