XRP dominates the crypto trading landscape in South Korea, outpacing Bitcoin, Ethereum, and other altcoins in trading volumes on Upbit, one of the country’s largest exchanges.
The shift in preference towards XRP in South Korea contrasts starkly with trends in other countries, particularly the United States, highlighting regional differences in crypto adoption.
In a remarkable deviation from global crypto trends, South Korea’s trading arena showcases a pronounced preference for XRP, Ripple’s native currency, over the usual frontrunners, Bitcoin and Ethereum. Drawing insights from Kaiko’s recent research and aligning with findings from the CNF report “South Korean Millennials Favor Ripple’s XRP Over Bitcoin and Ethereum, New Report Shows,” it becomes clear that XRP’s trading activity on Upbit, one of South Korea’s largest crypto exchanges, is exceptionally high.
South Korea’s Crypto Predilection: XRP in the Spotlight
In the South Korean crypto market, XRP stands tall,
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