XRP Beats Bitcoin and Ethereum in South Korea: $1B Trading Volume Surge

• XRP trading volume in South Korea surpasses Bitcoin and Ethereum on major exchanges.
• UpBit sees XRP accounting for 13.67% of its total volume, leading Bitcoin and Ethereum.
• The surge in XRP volumes comes amid heightened market speculation due to political developments.

XRP trading volumes on South Korea’s top crypto exchanges have surged past Bitcoin (BTC) and Ethereum (ETH), crossing $1 billion in 24 hours. 

In the last 24 hours, total XRP trading volume across Upbit, Bithumb, and Korbit—the country’s leading exchanges—neared $1 billion. This signals a significant rise in XRP activity on these platforms.

XRP Volume Breakdown on Korean Exchanges

On Upbit alone, XRP accounted for $716.79 million of the $5.23 billion total trading volume, far outpacing Bitcoin’s $400.43 million. Ethereum lagged behind with only 2.51% of the total trading volume, reflecting XRP’s growing dominance among South Korean traders.

Moreover, while XRP accounted for 13.67% of UpBit’s volume, Bitcoin’s ratio was about half that. Remarkably, Ethereum, the largest altcoin, had little appeal on UpBit, with only 2.51% of the total $5.23 billion volume.

Similarly, on …

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