XRP tops bitcoin, ether volumes on major South Korean exchanges

XRP/KRW was the most traded pair on Upbit and second on Bithumb, a familiar Korean market signal that has often preceded sharper moves in the token. What to know : XRP has surged to the top of South Korean crypto trading, leading volumes on Upbit and ranking near the top on Bithumb, even ahead of bitcoin and ether in key pairs. Despite the volume spike, XRP’s price has moved only modestly, trading around $1.44 to $1.45 and repeatedly failing to break through the $1.49 to $1.50 resistance zone since February. The concentration of Korean trading in XRP, against a backdrop of a volatile local stock market and cooling risk appetite, suggests investors are targeting a familiar high-beta crypto asset rather than broadly chasing risk.