After indulging to $ 1.96, XRP has achieved a strong return, and gained more than 4 % in the past 24 hours. The price jumped over the 2.11 brand and is now aimed at breaking the highest levels.
The regeneration of the regeneration of this upscale momentum, where traders closely monitor to see if XRP can maintain this upward trend and target new resistance levels. The positive feelings of the market are fueled by the increasing interest in XRP, especially in areas such as South Korea, where they continue to control trading volumes.
Did XRP outperform BTC and ETH?
XRP is one of the cryptocurrencies circulating in South Korea, especially on the country’s leading stock exchange. According to Kaiko Research, XRP-KRW ranked first in trading in size 70 times this year, even in the popularity of Bitcoin (BTC) and Ethereum (ETH).
Unlike the global markets dominated by BTC and ETH, the South Korean encryption scene is more diverse, as Altcoins are at the forefront of altcoins such as XRP, STX, Doge and Sol often. The strong demand for XRP reflects its active community and liquidity in the region.
“On the other hand, Upbit had more than 40 different instruments to get the first place in at least one day.
South Korea’s strict encryption regulations, which require exchanges to register in the FIU, have helped create a stable trading environment. Although global interest often focuses on the United States or Europe, the vibrant encryption market in South Korea – especially the performance of XRP – has a truly dynamic and unique extent.
