XRP's trading volume on major exchanges in South Korea exceeded that of Bitcoin and Ethereum within 24 hours

According to CoinDesk, XRP's trading volume on major exchanges in South Korea exceeded that of Bitcoin and Ethereum within 24 hours.

In the past 24 hours, the XRP/KRW trading pair on Upbit had a trading volume of approximately $110.9 million, surpassing Bitcoin's $88.6 million and Ethereum's $67 million; it ranked second on Bithumb, only behind USDT/KRW.

South Korea has been one of the most active speculative markets for XRP, but the price of XRP has only fluctuated slightly, ranging between $1.44 and $1.45, with a weekly increase of about 3%, still unable to break through the resistance zone of $1.49 to $1.50 since February.

The South Korean Kospi index fell sharply on Tuesday due to comments on tax policies, indicating that market risk appetite is sensitive, with investors focusing on trading XRP rather than broadly chasing high-risk assets.