Recently, XRP trading volume in South Korea has surpassed that of Bitcoin. Reports indicate that XRP has recorded significantly higher trading volumes than Bitcoin on South Korean exchanges like Upbit and Bithumb.
For example, on Upbit, XRP trading volume reached $3.7 billion within 24 hours, which was roughly ten times higher than Bitcoin’s trading volume. (cryptonews.com)
Another report from December 2024 highlights that XRP recorded over $6.3 billion in trading volume in South Korea, making it the most traded cryptocurrency in the country. (binance.com)
This trend suggests growing interest from South Korean investors in XRP, potentially driven by specific market conditions or regulatory factors.