XRP Market, where Upbit has surpassed Binance in terms of holdings and trading volume of the Ripple currency.

According to data from 'CryptoQuant', 'Upbit' holds double the amount of XRP compared to Binance, capturing 14% of the global trading volume, while Binance holds only about 12% of it.

This shift reflects the growing interest of South Korean investors in XRP, which has also been reflected in the platform's recent movements.

Upbit transferred 30 million XRP worth $95 million, leading to market fluctuations and raising speculation about the impact of the 'Kimchi Premium', a phenomenon that drives cryptocurrency prices to higher levels in South Korea compared to other markets.

Recently, the XRP currency has seen a strong wave of increase, driven by the announcement of U.S. President 'Donald Trump' about plans to create a strategic national reserve for cryptocurrencies, which could include XRP along with other digital currencies.

This announcement led to a 50% rise in the currency in one day, reaching $3 before falling back to $2.70 due to price resistance at this level.

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