XRP Trading Volume Surpasses Bitcoin and Ethereum on Major South Korean Exchanges

XRP has overtaken Bitcoin and Ethereum in trading volume on major South Korean crypto exchanges, signaling renewed interest from local traders. On Upbit, the XRP/KRW trading pair became the most traded market over the past 24 hours, recording around $110.9 million in volume, ahead of Bitcoin’s $88.6 million and Ethereum’s $67 million.

On Bithumb, XRP/KRW also showed strong activity, generating nearly $41 million in trading volume, ranking second only behind USDT/KRW and outperforming both Bitcoin and Ethereum pairs.

XRP Price Holds Steady Despite Rising Trading Activity

Despite the sharp increase in trading volume, XRP’s price movement has remained relatively modest. The token traded between $1.44 and $1.45, gaining around 3% over the past week. While that performance outpaced Bitcoin, it lagged behind stronger gains recorded by BNB and Solana, which rose about 8% during the same period.

XRP has repeatedly struggled to move above the $1.49 to $1.50 resistance zone, a level that has limited upside attempts since February. However, analysts note that the token continues to hold support near $1.40, forming a pattern of higher lows.

South Korean Demand Often Signals Bigger XRP Moves

South Korea has historically been one of XRP’s strongest trading markets, with local investors often driving major spikes in activity. Increased Korean trading volume has previously come before stronger price volatility in XRP.

Analysts say repeated testing of the $1.50 resistance level could eventually weaken selling pressure. If XRP breaks above this range, stronger upward price movement may follow as buying momentum builds.