South Korean cryptocurrency exchange Upbit now holds the largest reserves of XRP among all tracked exchanges, with twice as much as Binance. This indicates the growing popularity of XRP trading in South Korea. Upbit also leads in XRP trading volume, accounting for 14.37% of the total volume, surpassing Binance's 12%. However, some believe that the increase in trading volume may be driven by traders exploiting the Kimchi Premium, a price difference between South Korean and global crypto markets. Despite skepticism surrounding President Trump's proposed crypto reserve featuring XRP, analysts remain optimistic and believe that XRP is currently undervalued. Regulatory uncertainty and the possibility of an XRP ETF still hang over its long-term future.



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