XRP Outshines BTC and ETH in This Essential Metric however Costs Take a Hit

TL;DR

  • Ripple’s native token continues to draw traders based mostly in Asia as its buying and selling quantity on South Korea’s largest crypto exchanges has skyrocketed nicely above the 2 digital belongings above it when it comes to market cap.
  • Nevertheless, XRP’s worth actions have been fairly underwhelming previously few hours because it slipped from virtually $3.3 to $3.15.
Upbit Trading Volume 28.07. Source: CoinMarketCap
Upbit Buying and selling Quantity 28.07. Supply: CoinMarketCap

Because the graph above demonstrates, XRP’s buying and selling quantity on Upbit has shot as much as virtually $600 million on a every day scale. The determine is roughly twice as excessive because the second digital asset on this metric, which is a shock look by Kyber Community.

Curiously, bitcoin is nowhere close to the highest three, not like Ethereum, which takes the third spot. Hyperlane and Optimism are fourth and fifth. BTC’s buying and selling quantity towards KRW is almost 4 occasions decrease than XRP’s.

Naturally, the XRP Military was fast to have a good time and reward the event.

BREAKING: #XRP surpasses Bitcoin and Ethereum on the biggest Korean trade, UPBIT. Prior to now 24 hours, XRP has witnessed over $500 million in buying and selling quantity! pic.twitter.com/DuF2uvbUcv

— JackTheRippler ©️ (@RippleXrpie) July 28, 2025

Curiously, one thing comparable is noticed on one other Korean big – Bithumb. XRP takes the primary spot with $240 million, adopted by USDT and ETH. BTC this time is within the ninth place, under meme cash like PENGU, DOGE, and BONK.

Bithumb 24-Hour Trading Volume July 28. Source: CoinMarketCap
Bithumb 24-Hour Buying and selling Quantity July 28. Supply: CoinMarketCap

Nevertheless, these rising buying and selling volumes may largely be associated to gross sales as XRP’s worth has dropped by over 2% on a 24-hour scale. The asset was rejected at $3.3 earlier in the present day and now struggles to stay above $3.15.

ETH and BTC are additionally down every day, dropping by 2.4% and 1.4%, respectively. Maybe one of many causes behind the present minor correction is Donald Trump’s newest threats towards Russia and Iran, extra on which you could find right here.

The submit XRP Outshines BTC and ETH in This Essential Metric however Costs Take a Hit appeared first on CryptoPotato.

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