Odaily Planet Daily News Scopescan stated on X that South Korean investors may be the main driving force behind the rise in XRP prices. Data shows that the 24-hour spot trading volume of XRP/KRW on Upbit reached $3.8 billion, which is 11 times its BTC trading volume, surpassing the spot trading volume of XRP on Binance; the 24-hour spot trading volume of XRP/KRW on Bithumb reached $1.2 billion, accounting for 32% of its total trading volume.