$XRP is currently making waves in South Korea's crypto market, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) on the country's leading exchanges, including UpBit, Bithumb, and Korbit. The total 24-hour trading volume for XRP recently surpassed $800 million, with UpBit and Bithumb contributing significantly. XRP’s trading volume is now twice that of Bitcoin and far ahead of Ethereum and Dogecoin (DOGE).
This surge in volume suggests an increase in market activity and a heightened expectation of price volatility, with traders anticipating significant movements driven by both market dynamics and external factors. In particular, political developments—such as the recent warrant issued for South Korean President Yoon Suk Yeol—seem to be playing a role in XRP’s performance, showcasing how political events can impact cryptocurrency markets.
With $XRP XRP continuing to dominate in South Korea, it raises the question of whether this trend could spread globally, attracting more attention to the token. Traders should remain vigilant, as XRP's growing influence could spark unpredictable market changes.
