XRP secured the leading position by trading volume on Upbit, South Korea’s premier cryptocurrency platform. The token recorded $72.3 million through the XRP/KRW pair, surpassing Bitcoin’s $66.4 million via the BTC/KRW market.
Crypto commentator X Finance Bull (@Xfinancebull) drew attention to the milestone, remarking that “Korea knows something.”
A Growing Pattern in Korea
This development is part of an ongoing trend. XRP has previously outperformed both Ethereum and Bitcoin on Upbit, with historical figures indicating a 24-hour volume exceeding $200 million and an annual trading volume reaching $68.89 billion on the platform.
This activity highlights continuous retail engagement with XRP inside South Korea, which represents roughly 30% of worldwide spot volume and is home to 16 million cryptocurrency participants.
JUST IN
$XRP just took the #1 spot by volume on Upbit, South Korea’s biggest crypto exchange.
XRP/KRW: $72.3M
BTC/KRW: $66.4MXRP just flipped Bitcoin on the board.
Korea knows something?
pic.twitter.com/gMwHxddWGj
— X Finance Bull (@Xfinancebull) October 5, 2026
Seoul Conference Adds Institutional Weight
The rise in trading activity coincides with XRP Seoul 2026, during which Ripple President Monica Long shared two key forecasts for the XRP Ledger heading into 2027. She estimated that tokenized real-world assets on the network will reach $30 billion, growing from an approximate $6 billion baseline today.
Furthermore, she anticipated that AI agent transactions will surpass 100 million, marking a tenfold jump from current metrics. The gathering welcomed over 5,000 participants and featured presentations from Korean financial institutions alongside Ripple representatives.
How the Community Reacted
The volume figures sparked extensive online conversations. One participant remarked that South Korea is “wide awake,” a sentiment echoed by X Finance Bull, who noted that the $72 million in volume is difficult to overlook. Another user compared the current market conditions to the 2017/18 cycle, pointing out shared similarities.
An additional observer mentioned that volume originating from Asia has historically foreshadowed price rallies, while a dissenting voice minimized the momentum by noting that the token’s price had remained flat despite the metrics.
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Ripple’s 2026 Korea Footprint
Ripple has established a robust institutional presence throughout South Korea over the course of 2026. In April, the firm collaborated with Kyobo Life Insurance to test the settlement of tokenized South Korean government bonds utilizing Ripple Custody. That same month, K Bank emerged as South Korea’s inaugural internet-only bank to integrate Ripple Custody’s wallet infrastructure, executing remittance trials across corridors in Thailand and the UAE.
By August, Jeonbuk Bank became South Korea’s first regional bank to implement Ripple Payments for international transactions, with consumer remittances directed toward Vietnam slated for mid-December. XRP has cemented itself as a dominant asset in South Korea, with numerous analysts anticipating that its footprint will widen alongside worldwide adoption.