XRP Dominates Korean Crypto Volumes: Upbit Shakes Up Market Hierarchy

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By: Robert Kensington

XRP is stealing the show in South Korea’s crypto space. Upbit data shows XRP/KRW at $89.64M, leaving BTC/KRW ($72.48M) in its wake. ETH/KRW trails at $43.02M. Evernorth’s Birla calls Korea a deep XRP liquidity market.

Banks like SBI Shinsei start XRP voucher campaigns on June 10. Korean firms Mirae and Hana are investing in crypto infrastructure. XRP’s fast settlement and low fees make it key for tokenized assets.

Market dynamics are shifting. XRP’s volume edge over BTC and ETH in Korea points to a new order. Traditional firms moving in highlight crypto’s growing role. Author bio: Robert Kensington, overseas entrepreneur with decades in real-economy investment and expansion.