XRP price has been propped up by high trading volume on South Korean exchanges amid localized demand.
South Korea is a major driver of XRP's price action, with high demand and adoption within the country.
South Korea's interest in XRP is driven by regulatory uncertainties and the lack of large-scale cross-border payment solutions in the country.
Continued demand from retail investors and Upbit's significant XRP reserve make South Korea a key driver for the cryptocurrency's global future price action.