A bustling surge has hit South Korea’s crypto market, centering on an unexpected frontrunner. On the country’s largest digital-asset platform, Upbit , one token has surged ahead of even the incumbents, rewriting which assets are commanding attention in the region according to crypto commentator Xaif, who highlighted the latest volume data, thereby triggering a wave of renewed interest in how regional demand is shaping global cryptocurrency dynamics. Unpacking the Volume Explosion According to Xaif’s post, the 24-hour trading volume for XRP on Upbit recently topped $599 million , placing it ahead of both Bitcoin and Ethereum in terms of platform-specific activity. The data underscores a rare moment whereby an altcoin outpaces the dominant two across a major regional market. While Upbit is broadly known as South Korea’s largest exchange. Why South Korea, Why Now? Three major factors appear to be converging behind this surge. First, local investor behavior: South Korean traders have shown outsized influence on altcoin volume spikes, and in the case of XRP, they’re driving large portions of net buy pressure. For example, one analysis found that Korean traders accounted for approximately 70 % of the 45 million-XRP net buy pressure during a specific surge. South Korea’s biggest exchange Upbit just saw a massive volume explosion led by #XRP ! $XRP with $599M+ 24h trading volume, surpassing BTC & ETH on the platform pic.twitter.com/7wm37HDvsO — Xaif Crypto | (@Xaif_Crypto) October 17, 2025 Second, liquidity concentration: Upbit’s XRP/KRW pair has historically ranked as one of the most-active markets globally for XRP, and when sudden accruals or flows occur, they can dominate the local book. Third, regional sentiment and speculation: The spike aligns with increased interest in XRP’s broader utility and regulatory narrative, especially in Asia. That wave of enthusiasm is amplifying trading behavior in the local market. What This Means for XRP & Global Markets The volume explosion in Korea matters for several reasons. First, it signals that price discovery for XRP may now be strongly influenced by regional flows rather than merely global indices. When Upbit’s XRP activity leads, global reference points can shift. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Second, it creates arbitrage and order-book implications: heavy volume in one pair (XRP/KRW) can impact perceived depth, slippage, and therefore how large traders and market-makers position themselves globally. Third, it raises caution flags: surges of this nature may not reflect broad global demand but can instead be driven by regional speculation, meaning that if flows reverse, so too might momentum. Indeed, previous one-hour surges on Upbit have been followed by sharp corrections due to concentrated liquidity. Looking Ahead – What to Watch Monitor three key data points: net flows in and out of Upbit for XRP, hourly block volumes (especially for heavy flows within one hour), and how global venues respond in terms of volume and sentiment. If the Korean surge persists, XRP could solidify its role beyond a niche altcoin. However, if the surge is purely speculative and short-lived, it may unwind just as sharply. In sum, the alert by Xaif has captured a moment when regional demand has asserted itself strongly, placing XRP at the forefront of South Korea’s largest platform . Whether this marks a sustained shift or a fleeting peak remains to be seen—but for now, the marketplace is watching closely. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Dominates South Korea’s Biggest Exchange appeared first on Times Tabloid .