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The ongoing SEC v. Ripple legal tussle has propelled XRP to rank as the third crypto asset with the most social engagements and global searches in the past month.
Popular social intelligence platform LunarCrush has released its list of the top 10 cryptocurrencies with the highest social engagement. Interestingly, XRP ranked third in the list.
Top ten cryptocurrencies by social engagements over the last 30 days:
1️⃣ Bitcoin
2️⃣ Ethereum
3️⃣ XRP
4️⃣ Solana
5️⃣ Lido
6️⃣ ShibaInu
7️⃣ Arbitrum
8️⃣ USDT
9️⃣ Optimism
🔟 Polygon— LunarCrush Social Trends (@LunarCrush) September 14, 2023
According to data on the LunarCrush platform, XRP has had an astounding social engagement of 1,436,785,659 (1.43 billion) in the past 30 days.
Notably, XRP is only ranked behind ETH and BTC, which have total engagements of 5.28B and 10.06B, respectively.
Furthermore, XRP is currently ranked above SOL, LDO, SHIB, ARB, USDT, OP, and MATIC in terms of social engagement over the past month.
XRP Ranks as Third Altcoin With Most Searches
The development suggests a massive interest in XRP among crypto. The surging interest in XRP is reflected in recent data from Marketplace Fairness, showing the top 10 altcoins with the most monthly web searches.
According to Marketplace Fairness, XRP is ranked as the third altcoin with the most monthly web searches. The cryptocurrency has amassed a whopping 1.25M web searches across the globe in the past 30 days.
XRP sits behind Dogecoin and Ethereum in the ranking, as both assets have 1.65M and 3.26M monthly searches.
Conversely, XRP monthly searches surpassed that of Shiba Inu, Cardano, Solana, EOS, Litecoin, Tether, and Polkadot.
SEC v. Ripple Case Propels Interests in XRP
It is not surprising that XRP secured the third position in both rankings, given the widespread popularity of the coin. XRP has been a major topic of discussion since the SEC sued Ripple in December 2020.
The regulator alleged that Ripple sold the coin to investors as an unregistered security. However, the court overseeing the case ruled otherwise, finding that Ripple did not violate securities law by selling XRP on digital exchanges.
Although the ruling was issued in July, the lawsuit has continued to linger as the SEC seeks an appellate review on the areas of the case it lost.
Both the SEC and Ripple have filed the necessary motions as they await the court’s verdict on the matter.
Meanwhile, XRP is ranked as the fifth largest cryptocurrency, with a market cap of $26.41 billion. At press time, XRP is up 3.4% over the past 24 hours to $0.497, according to CoinGecko data.