- South Korea led global XRP trading in the past 24 hours, with Upbit posting a record $1.09B in volume, surpassing Binance’s $966.8M.
- The surge followed the resolution of Ripple’s SEC case, sparking heavy market activity and FOMO among traders.
- Analysts note trading could climb even higher as much of South Korea’s retail market had yet to join during the spike.
XRP is having a wild 24 hours — and South Korea’s right at the center of it. Upbit, the country’s biggest crypto exchange, clocked in a staggering $1.09 billion in XRP spot trades, edging out Binance, which pulled in $966.8 million over the same period. The surge isn’t random either — it comes right after the curtain finally fell on the long-running SEC vs. XRP legal saga, and traders are clearly wasting no time jumping in.
Crypto market watcher X Finance Bull summed it up bluntly: “FOMO heating up.” The numbers back that up. Coinbase saw $450.3M in trades, Bybit handled $399.74M, Kraken came in at $222.11M, OKX wasn’t far behind with $221.07M, Crypto.com pushed $110.52M, and Bitstamp rounded it out with $80.63M. South Korea’s share of that pie? Massive.
Upbit’s Volume Shock and South Korea’s Role
With $1.09B in volume, Upbit didn’t just take first place — it did it decisively. The gap between them and Binance was enough to get the XRP community buzzing about whether South Korea is about to become the new liquidity engine for the token. X Finance Bull even said it straight: “South Korea just flipped the switch on $XRP.”
And here’s the kicker — not everyone in South Korea was even awake during this surge. One community member, Shane, joked, “The craziest part is most of the country is still asleep,” hinting that this could be just the start of an even bigger run once retail traders wake up.
Momentum, Timing, and What’s Next
This kind of trading spike doesn’t just happen without a trigger, and in this case, the timing says a lot. The SEC case had been a cloud over XRP for years, and now that it’s over, traders — especially in Asia — seem ready to load up. If South Korea keeps pouring liquidity into XRP at this pace, we could see even sharper moves in price and volume over the next week.
The question is whether this is a one-day burst of post-news hype, or the start of a sustained liquidity wave coming from the Korean market. Either way, XRP just got a major shot of adrenaline.
