#xrp
🟢Good news for $XRP holders🟢
XRP trading volume in South Korea surged 31% in a week, surpassing Bitcoin. On the Upbit platform, XRP’s trading volume reached $526.8 million, surpassing Bitcoin’s $203.57 million. This growth was driven by growing interest in South Korea and was significantly better than the overall cryptocurrency market’s 11.7% growth rate during the same period.
In the past 24 hours, XRP’s trading volume on South Korea’s top exchanges reached $650 million, which is more than 2.3 times that of Bitcoin. Globally, XRP trading volume recently reached $3.8 billion, its highest level since April. Despite a slight pullback today, falling from $0.6369 to $0.58, XRP’s performance remains strong.
Sentiment among major exchanges was mixed. Coinbase recorded a net inflow of $4.46 million in XRP, while Binance and OKX saw net outflows of $13.5 million and $78.3 million respectively. Analysts are speculating about a possible meeting between Ripple and the SEC, which could be crucial for XRP and could result in a significant “W formation.”
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