🚀 XRP-KRW outperforms Upbit, surpassing BTC-KRW and ETH-KRW.
📈 XRP is the top traded asset on Upbit for 70 days, surpassing BTC's 64 days.
💹 XRP recently reached $0.58; predictions show a sharp rally to $6 by 2024 after surpassing the $1.30 mark.
XRP Tops
Ripple's native token - XRP - has recently attracted the attention of investors due to continued positive developments surrounding the lawsuit against the United States Securities and Exchange Commission (SEC) and the increase value of the property.
A study by cryptocurrency market data provider Kaiko revealed that XRP-KRW is the most popular trading pair on South Korean exchange Upbit. The year-to-date (YTD) trading volume associated with it has exceeded $30 billion, while BTC-KRW is second.
Notably, ETH-KRW came in ninth place, pushed back by Dogecoin (DOGE), Solana (SOL) and other digital assets that Upbit users instead trade.
Notably, the XRP-related trading pair has topped the chart for the most days - 70, followed by BTC-KRW with 64.
XRP Increases Recently
The coin's value has recently increased significantly, exceeding $0.58 earlier this week to hit a two-month high. According to some experts and analysts, current market conditions are bullish, a potential decisive victory against the SEC and other regulatory developments could push XRP price even higher.
Popular Twitter user X (Dark Defender) recently predicted that it could grow tenfold by the end of 2024. According to them, the prediction could come true if resistance, such as the $1.30 mark. From that point, it could reach $6 within a few months, Dark Defender said.