Upbit Sees XRP Trading Surge in Korean Market
The post Upbit Sees XRP Trading Surge in Korean Market appeared on BitcoinEthereumNews.com. Key Points: Massive XRP trading surge at Upbit affected cryptocurrency market dynamics. Record trading volume reached $3.196 billion within 24 hours. Korean retail activity led to dominant XRP/KRW trade pair. Upbit Exchange reported $3.20 billion in 24-hour trading volume, with XRP/KRW leading at 14.04%, amid heightened Korean market activity on July 25-26, 2025. This surge signifies significant trading interest and market movements in Korea, potentially impacting global crypto dynamics and price discovery. XRP Drives $3.196 Billion Spike at Upbit The XRP/KRW trading pair highlighted a $3.196 billion surge in 24-hour trading volume at Upbit, accounting for 14.04% and establishing dominance in the Korean won market. Key assets, including CKB, ENA, and STRIKE, followed in activity. The implications are critical as XRP dominates nearly 20% of its circulating supply within the Korean spot market, illustrating significant retail participation. Reports have noted volatile trading and potential market-making actions driving these high volumes. Market observers reacted with attention to Korea’s substantial role in XRP activity, with figures like Chad Steingraber and XForceGlobal confirming intense trading. However, direct statements from Ripple Labs’ executives have not yet been found or confirmed. Korean Market’s Role in XRP’s Global Influence Did you know? The XRP surges on Upbit have mirrors in past events, like December 2024’s $3.8 billion surge in a single day, pointing to persistent Korean market influences. CoinMarketCap’s current data shows XRP priced at $3.18, with a market cap reaching $188.63 billion. Recent trends indicate a 46.54% price increase over 30 days, signifying continued interest. The trading volume saw a $6.27 billion decrease by 35.11%, underscoring high trading volatility. XRP(XRP), daily chart, screenshot on CoinMarketCap at 11:53 UTC on July 26, 2025. Source: CoinMarketCap Experts from Coincu have noted the Korean market’s unique position potentially affecting XRP’s trajectory. The combination of local spot market dynamics…
The post Upbit Sees XRP Trading Surge in Korean Market appeared on BitcoinEthereumNews.com.
Key Points: Massive XRP trading surge at Upbit affected cryptocurrency market dynamics. Record trading volume reached $3.196 billion within 24 hours. Korean retail activity led to dominant XRP/KRW trade pair. Upbit Exchange reported $3.20 billion in 24-hour trading volume, with XRP/KRW leading at 14.04%, amid heightened Korean market activity on July 25-26, 2025. This surge signifies significant trading interest and market movements in Korea, potentially impacting global crypto dynamics and price discovery. XRP Drives $3.196 Billion Spike at Upbit The XRP/KRW trading pair highlighted a $3.196 billion surge in 24-hour trading volume at Upbit, accounting for 14.04% and establishing dominance in the Korean won market. Key assets, including CKB, ENA, and STRIKE, followed in activity. The implications are critical as XRP dominates nearly 20% of its circulating supply within the Korean spot market, illustrating significant retail participation. Reports have noted volatile trading and potential market-making actions driving these high volumes. Market observers reacted with attention to Korea’s substantial role in XRP activity, with figures like Chad Steingraber and XForceGlobal confirming intense trading. However, direct statements from Ripple Labs’ executives have not yet been found or confirmed. Korean Market’s Role in XRP’s Global Influence Did you know? The XRP surges on Upbit have mirrors in past events, like December 2024’s $3.8 billion surge in a single day, pointing to persistent Korean market influences. CoinMarketCap’s current data shows XRP priced at $3.18, with a market cap reaching $188.63 billion. Recent trends indicate a 46.54% price increase over 30 days, signifying continued interest. The trading volume saw a $6.27 billion decrease by 35.11%, underscoring high trading volatility. XRP(XRP), daily chart, screenshot on CoinMarketCap at 11:53 UTC on July 26, 2025. Source: CoinMarketCap Experts from Coincu have noted the Korean market’s unique position potentially affecting XRP’s trajectory. The combination of local spot market dynamics…
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