• TEXT= DATE: 08.12.2025 Bitcoin MENA | 8-9 Dec 2025 | Abu Dhabi
  • TIMER= 08.12.2025
  • BUTTON= DISCOVER MORE
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

MORE FROM SPONSORED

LIVE Web3 News

 

ARTICLE INFORMATION

XRP price rally

XRP price rally surges as South Korean retail traders dominate Upbit volumes

https://icn.live/wp-content/uploads/2025/07/XRP-price-rally.mp3
  • by ICN.live
ICN

XRP price rally has taken the spotlight, fueled by massive trading activity on South Korea’s Upbit exchange.

This price surge toward the $3 mark has caught the attention of traders worldwide, but its core momentum came from one region—South Korea. The retail frenzy there pushed XRP’s volume on Upbit higher than both Bitcoin and Ethereum combined.

On July 12, XRP rose from $2.60 to nearly $3, driven by a 45 million XRP net buy pressure. Remarkably, 70% of that volume—about 32 million XRP—came from Upbit alone. Other major platforms like Coinbase, Kraken, and Bitstamp contributed smaller volumes. Surprisingly, Binance saw negative net volume during this rally.

Retail Traders Fuel the XRP Price Rally

What’s even more striking is the dominance of South Korean traders in this altcoin surge. Over 7 million Koreans, or 15% of the population, are registered on local exchanges. Many of these users missed early Bitcoin opportunities and are now targeting coins like XRP. This has helped XRP become one of the most heavily traded assets in South Korea.

Data from CoinGecko shows Upbit’s XRP volume exceeded $500 million in a single day. That’s more than what Bitcoin and Ethereum combined achieved on the same platform. This highlights how powerful regional trading can be in shaping global market trends, especially when driven by passionate retail investors.

ANOTHER MUST-READ ON ICN.LIVE:

Czech National Bank’s Coinbase investment signals stronger crypto confidence in global finance

XRP Price Rally Shows Regional Impact in Crypto Markets

Despite the excitement, some analysts warn about relying too much on retail-driven momentum. It can bring rapid growth—but also sudden drops. Crypto expert Dom noted that such surges are not necessarily good or bad. They simply reflect how interest can shift dramatically from one region to another.

In this case, the XRP price rally shows how one country’s traders can command global attention. The Upbit-driven move underscores the influence of local markets on global price action. It also highlights the growing interest in altcoins beyond Bitcoin and Ethereum.

ETF Speculation and Ecosystem Growth Add Fuel

Aside from trading volume, the XRP rally may also have been boosted by ecosystem developments and renewed ETF speculation. Such factors tend to amplify retail enthusiasm, creating the perfect environment for explosive short-term gains.

The XRP price rally reflects not just market speculation but also deeper trends. These include regional shifts in investor behavior, the maturing of retail crypto communities, and evolving altcoin narratives.

SHARE

What caused the recent XRP price rally?

The XRP price rally was mainly triggered by a surge in trading activity on South Korea’s Upbit exchange. Retail investors in the region, many of whom missed early gains in Bitcoin, have shown growing interest in XRP. On July 12, net buying of 45 million XRP pushed the price from $2.60 to nearly $3. Upbit accounted for 70% of that volume, surpassing trading activity in Bitcoin and Ethereum. The rally also coincided with ecosystem developments and renewed speculation about an XRP-based ETF, further fueling investor enthusiasm.

Why is South Korea important in the crypto market?

South Korea plays a key role in the global crypto market due to its high retail participation. About 15% of the population—over 7 million people—are registered on local crypto exchanges. South Korean traders have historically driven massive price movements, especially in altcoins like XRP. The country’s enthusiasm often results in concentrated bursts of trading volume, which can push prices rapidly. This makes South Korea a hotspot for emerging crypto trends, especially when mainstream coins lose momentum.

Is the XRP rally sustainable?

The sustainability of the XRP price rally is still uncertain. While the recent surge was impressive, it was largely driven by retail traders, which can be volatile. High trading volume in one region can lead to price spikes, but without global support, rallies may not hold. Analysts caution that retail-led movements can reverse quickly. However, XRP’s broader ecosystem growth and potential ETF discussions may provide longer-term support if momentum expands beyond South Korea.

How does XRP compare to Bitcoin and Ethereum in South Korea?

In South Korea, XRP has often outperformed Bitcoin and Ethereum in trading volume, especially during retail-driven rallies. On platforms like Upbit, XRP has at times exceeded the combined volumes of both BTC and ETH. This reflects a local preference for altcoins with perceived upside potential. XRP’s lower price point also makes it more attractive for newer investors. While Bitcoin and Ethereum still lead globally, XRP enjoys a uniquely strong following in the South Korean market.

FEATURED

EVENTS

Days
Hr
Min
Sec
 

ICN TALKS EPISODES