South Korea’s Influence on XRP Price Surge
- High trading volume on South Korean exchanges is supporting XRP’s price.
- XRP frequently outpaces Bitcoin in trading volume within South Korea.
- Approximately 20% of XRP’s market cap is owned by South Korean citizens.
- Upbit, the largest crypto exchange in South Korea, holds about 6 billion XRP, roughly 5% of its total supply.
XRP’s strong performance is linked to high demand and adoption in South Korea, where it often surpasses Bitcoin in trading volume. Upbit’s significant holdings further bolster its market position.
Source (2.6)https://www.newsbtc.com/analysis/xrp/xrp-price-next-direction/?rand=52377
