Express News | XRP Tops South Korean Trading Volume, Surpassing Bitcoin and Ethereum
On October 6, according to U.Today, XRP’s trading volume in the South Korean crypto market surpassed that of Bitcoin and Ethereum to take the top spot, with its price remaining in the $1.45–$1.52 range. This surge in volume coincided with the closing of the XRP Seoul 2026 conference, where it was disclosed that Kakao Bank, which serves 27 million customers, has approved the deployment of its proprietary blockchain infrastructure in 2027 and is evaluating the use of the XRP Ledger for custody and real-world asset (RWA) tokenization. Woori Bank and K Bank also expressed interest and announced the establishment of an XRP Asia Hub. Additionally, AI bot transactions based on the x402 protocol on the XRPL have exceeded 12 million. Analysts noted that South Korea’s ban on leveraged trading, which restricts retail investors to spot markets, is a significant factor driving up turnover rankings.
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