With over a 400% increase in the last 30 days, reaching $2.90, XRP's surge has been significantly influenced by investors from South Korea and the United States. In South Korea, leading crypto platforms accounted for 26% of the market's XRP trading volume, while in the US, high transaction activity and price differences stood out. Data from a crypto analytics company revealed that price differences in US trades ranged between 3% and 13%, indicating the active involvement of large investors.
This strong interest in the US is attributed to expectations of a favorable regulatory environment and XRP's potential as a "bridge currency" in international financial transactions. Meanwhile, South Korea's dominance in trading volume highlights the diverse influences of investors from both countries, which have played a key role in XRP's price surge.
