These are the 5 most popular crypto on Bitvavo

There are countless cryptocurrencies on the market, but not all of them are equally popular among investors. The Dutch crypto exchange Bitvavo shared an interesting tweet today. It shows which five cryptocurrencies were the most popular in the past 7 days bitvavo†

Number 1 is no surprise: Bitcoin!

For the past 7 days, the most traded crypto was bitcoin (BTC). No other cryptocurrency has been bought and sold more often than the largest cryptocurrency on the market.

Cardano over Ethereum

Interestingly enough, the second largest crypto on the market, ethereum (ETH), is not the number 2 on this list. Cardano (ADA) finished in second place. ADA is also known as an ‘Ethereum’ killer’ named. Both projects serve the same purpose, although they each do this in a different way.

Cardano is also waiting for a major update. With the Vasil hard fork At the end of this month, the network should become more scalable and faster, as stated in an earlier Crypto Insiders Premium analysis. In anticipation of that, traders may have already started their move to make.

Terra (LUNA) finishes in top 5

So places 2 and 3 were for cardano and ethereum. Place 3 is also a well-known name; Terra (LUNA), the new version that is. LUNA has been in the news in recent weeks after its collapse.

After the launch of the new network and the crypto associated with it, LUNA 2.0 briefly became a popular crypto to trade. However, it now appears that it was not a great investment, at least until now. For example, LUNA has fallen 77% since its launch two weeks ago.

Ripple (XRP) closes the list

And ripple (XRP) is apparently still very popular among crypto investors. XRP finished in 5th place of most traded cryptocurrencies last week.

At the heart of XRP right now is, of course, the lawsuit it’s the subject of. However, that doesn’t stop the underlying company Ripple from continuing to grow. Recently, the CEO stated that it is considering buying other companies in order to be able to grow further.