XRP has seen a notable surge in popularity in South Korea, surpassing Bitcoin as the most traded cryptocurrency.
This shift comes amid XRP being on a bullish ride over the past weeks, up by nearly 40% in the past 14 days and 20% in the past seven days.
However, as of press time, the asset appeared to be seeing a correction in price, down by 6.1% in the past 24 hours to bring its price to trade at approximately $0.5485 at the time of writing.The bulk of this trading activity has been centered on the Upbit exchange, where XRP’s volume reached $526.8 million.
This legal entanglement seems to have excited investor interest, particularly in South Korea, suggesting a strong confidence in the asset’s future prospects.This pattern appears to be repeating, with XRP’s current market performance mimicking past trends that have historically led to significant price increases.
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