#MemecoinSentiment XRP’s price rally toward $3 has been largely driven by a trading surge on South Korea’s Upbit exchange.
This retail-led spike pushed XRP’s 24-hour trading volume on Upbit past both Bitcoin and Ethereum.
The regional momentum comes amid broader ecosystem growth for the digital asset and renewed ETF speculation.
XRP’s recent rally toward the $3 mark has been primarily driven by intense trading activity in South Korea. Available data shows that Upbit, the country’s leading exchange, played a central role in this surge.
On July 12, crypto analyst Dom highlighted that net buy pressure of 45 million XRP on the spot markets fueled the price movement from $2.60 to $3.00.