XRP’s spot trading volume against the South Korean won (KRW) reached over $145.6 million on October 15 on Upbit, South Korea’s largest cryptocurrency exchange, surpassing Bitcoin ($126.5 million) and Ethereum ($92.1 million). This trend in favor of XRP continued for a second consecutive day on October 16, despite an overall cooldown in trading volumes across all three cryptocurrencies. Market analysts believe that this strong demand on Upbit could impact XRP’s broader market value and drive a further rally in its price. Upbit’s trading data is considered a reliable indicator of local investor activity.
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