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Event File CRYPTO XRP

XRP Trading Volume Tops Bitcoin and Ether on Major South Korean Exchange

1 reports · First detected 2026-05-13 · Last active 2026-05-13

South Korea is one of the world’s most active cryptocurrency markets, with Upbit among the country’s leading exchanges. XRP’s trading volume surpassed that of Bitcoin and Ether, reflecting a short-term shift in capital toward a more volatile token and highlighting strong interest in XRP among South Korean investors.

XRP recorded $110 million in trading volume on Upbit in the latest 24-hour period, overtaking Bitcoin and Ether to rank first on the platform. Its price, however, remained range-bound between $1.44 and $1.45, suggesting the surge in trading activity had yet to produce a clear breakout.

All Coverage

1 original reports

The Backstory

The history behind this event
XRP Flashes Technical Breakout Signal as Upbit Withdrawals Hit Record High2026-05-06 · 2 reports · similarity 0.81

XRP is the crypto asset used for cross-border payments and settlement within the Ripple ecosystem. Its price is often influenced by technical patterns and exchange flows. A similar breakout pattern in 2025 was followed by a cumulative 66% rally, making the latest bull-flag breakout and fund movements at South Korea's Upbit key indicators of the near-term trend.

The latest reports show XRP retested support after breaking out of a bull flag and remained above $1.42. Technical analysis points to a target of $1.70–$1.72, implying potential gains of about 20%. Over the same period, XRP withdrawals from South Korea's Upbit reached an all-time high, prompting market speculation that large holders may be moving tokens off the exchange to accumulate them.

XRP Overtakes BNB as Fourth-Largest Cryptocurrency as Futures Open Interest Rebounds2026-03-17 · 1 reports · similarity 0.80

XRP is a crypto asset used by the Ripple ecosystem, primarily for cross-border payments and fund transfers. Cryptocurrency market-cap rankings reflect the scale of capital and investor attention. XRP’s rise past BNB to become the world’s fourth-largest cryptocurrency signals a shift in the distribution of capital among major tokens.

XRP rose 11% on Tuesday to $1.53, pushing its total market capitalization above $93.4 billion and formally overtaking BNB, the Binance ecosystem token. Meanwhile, open interest in XRP futures on Binance has increased 59% since the end of October, gradually returning toward pre-crash levels and signaling that leveraged capital is re-entering the market.

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