XRP Soars to 32% of Upbit Volume Amid $3.81B Daily Turnover Surge

South Korea's crypto market is experiencing a surge in XRP trading volume, with XRP capturing 32.20% of Upbit's trading volume during a period when the exchange processed approximately $830 million in just one hour.

The 24-hour turnover on Upbit reached around $3.81 billion, while Bithumb reported a 132.9% increase in trading volume, signaling a broader rebound in Korean crypto trading.

Ripple's expansion in Korea continues with Jeonbuk Bank joining as its third local partner, supporting cross-border payments and near real-time settlements.