South Korea’s Retails Are Massively Piling Into XRP. Here’s the Latest

XRP has once again become a major focus among South Korean cryptocurrency traders after new trading data from Upbit indicated that the digital asset generated more than 62 million XRP in 24-hour trading volume.

Crypto researcher BankXRP highlighted the figures in a recent post on X, suggesting that Korean retail investors continue to show strong interest in XRP despite ongoing price fluctuations.

To support the claim, BankXRP shared screenshots from Upbit, South Korea’s largest cryptocurrency exchange. The images show XRP trading at 1,651 Korean won, with a recorded 24-hour volume of approximately 62.36 million XRP. The screenshots also indicate that the XRP/KRW trading pair ranked among the exchange’s most actively traded markets during the period.

The researcher stated that the trading activity reflects Korean retail investors significantly buying into XRP. Upbit has long been recognized as one of the world’s largest cryptocurrency exchanges by trading volume, and activity on the platform is often viewed as an indicator of sentiment among South Korean retail traders.

Screenshots Show XRP Among Upbit’s Most Active Markets

The attached images provide additional context for BankXRP’s observation. One screenshot displays the XRP/KRW trading interface when the 24-hour XRP volume exceeds 62 million tokens. Another section of the exchange shows XRP near the top of Upbit’s list of actively traded assets, alongside major cryptocurrencies such as Bitcoin and Ethereum.

The screenshots also show XRP priced at roughly $1.09, while the XRP/KRW market recorded more than 104 million in exchange trading activity volume. BankXRP presented these figures as evidence that XRP continues to attract considerable participation from traders in South Korea.

Although high trading volume does not necessarily indicate whether buyers or sellers are in control, it generally reflects elevated market participation and liquidity. BankXRP’s post focused on the scale of the activity rather than predicting XRP’s next price movement.

Community Responses Were Divided

The post generated mixed reactions from users in the comment section.

One commenter, Scott Reid, dismissed the significance of the trading data, claiming that XRP would never return to $3 and describing the cryptocurrency in highly negative terms.

Another user, identified as “I’m Nobody,” questioned the relevance of sharing the trading volume, stating that the information alone does not affect XRP’s price and asking what practical conclusion readers should draw from the figures.

Despite the criticism, BankXRP’s post centered on the exchange data itself, emphasizing that XRP recorded more than 62 million tokens in 24-hour trading volume on Upbit and suggesting that retail participation in South Korea remains strong. The screenshots attached to the post were presented as the basis for that observation, highlighting XRP’s continued presence among the most actively traded assets on the country’s largest cryptocurrency exchange.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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