South Korean XRP Trading Volume Surges to $327.2M Amid Binance Leverage Spike
XRP trading volume has surged in South Korea, with Upbit seeing $327.2 million in 24-hour volume.
This reflects strong spot demand for XRP in the country.
Concurrently, Binance's XRP leverage ratio reached its highest level in over seven months, indicating increased trader confidence and aggressive derivatives positioning.
The momentum is supported by Ripple's expanding payment infrastructure in South Korea, including Jeonbuk Bank's adoption of Ripple Payments for faster cross-border settlements.