XRP has become the most traded cryptocurrency against the Korean Won (KRW) on Upbit, South Korea's largest crypto exchange. It recorded a trading volume of $1.68 million, surpassing Bitcoin and Solana. Tether had the highest trading volume overall, indicating strong demand for liquidity. A large XRP transfer from Upbit to an unidentified wallet has sparked speculation about institutional accumulation and potential insider moves. The dominance of XRP on Upbit suggests broader market shifts and its established role in cross-border transactions may be driving demand. However, regulatory developments, particularly regarding Ripple's legal battle with the SEC, are being closely watched. An XRP-SEC settlement could significantly impact its price and market positioning.



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