Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week
XRP accounted for almost 40% of all trading activity on top South Korean exchanges from Tuesday to Thursday. Prices surged.
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XRP accounted for almost 40% of all trading activity on top South Korean exchanges from Tuesday to Thursday. Prices surged.
Notable booms include Loom Network’s LOOM, whose price surged approximately ten times over two months, and HIFI, whose prices spiked by 6,600% in September alone.
Koreans trade differently to the rest of the world, market data shows.
The partnership comes weeks after KBank, rival of SCBX’s parent, announced a $100 million web3 fund.
Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.