XRP Takes South Korea by Storm — Upbit Volume Skyrockets with All Eyes on $4.5 to $5 Run

South Korea Fuels a Remarkable XRP Trading Surge on Upbit According to renowned market analyst X Finance Bull, South Koreans are buying XRP at an extraordinary pace, signaling renewed excitement in one of the world’s most active crypto hubs. Upbit, South Korea’s largest and most influential digital asset exchange, has officially ranked XRP as the number one most traded asset on its platform, surpassing even Bitcoin and Ethereum in trading volume. South Korea’s XRP frenzy is hitting a critical turning point for the crypto market. The asset has gained strong momentum from rising institutional interest, expanding adoption of Ripple’s blockchain solutions, and improving global regulatory sentiment. With Korean retail traders known for igniting major crypto rallies, their renewed focus on XRP is now commanding global attention. X Finance Bull points to several powerful forces fueling Korea’s XRP buying frenzy. Upbit’s trading environment is known for fast-moving retail participation, and local traders are drawn to highly liquid assets with clear breakout potential. XRP’s strong price action and improving fundamentals have only intensified investor conviction, driving a wave of aggressive accumulation. Secondly, growing confidence in Ripple’s real-world utility is fueling bullish sentiment. Rapid advancements in cross-border payments, asset tokenization, and major banking partnerships across Asia and other key markets are strengthening XRP’s adoption curve, and many investors believe its valuation is poised to reflect that momentum. Notably, Korean traders are known for chasing fast momentum and hype-driven cycles, and XRP just became their top focus. By surpassing even Bitcoin in trading volume on Upbit, XRP has seized a powerful wave of retail enthusiasm. In a market where altcoin mania often fuels explosive rallies, this surge in dominance could be the spark behind XRP’s next major breakout. XRP Eyes Major Breakout as Technical Structure Strengthens Toward $5 Target According to market commentator Tektonic, XRP’s recent price action is signaling growing bullish momentum as the asset continues to form a series of higher lows, a classic indicator of sustained upward strength. Combined with rising volume and improved market sentiment, analysts suggest the digital asset may be preparing for a major breakout toward long-awaited price targets. XRP continues to respect key support zones while compressing against resistance trendlines, creating what many traders view as a textbook bullish continuation pattern. Tektonic highlights the $2.63–$2.65 region as a particularly crucial threshold. If the price can maintain daily closes above this range, the market could see a significant shift in momentum that unlocks the next leg upward. Tektonic notes that if XRP successfully breaks out from its current consolidation and stays above the highlighted support, price targets in the green zone, between $4.50 and $5.00, come sharply into focus. These levels align with Fibonacci extensions and previous market structures, meaning technical confluence supports the bullish projection. Achieving such milestones would mark the highest price range XRP has reached in years with the present price being $2.64. Conclusion XRP’s surge on Upbit signals more than a short-term trading spike; it marks a shift where global adoption momentum meets Korea’s powerful retail demand. With unprecedented volume now driving the market, XRP is entering a pivotal phase where momentum, fundamentals, and trader sentiment are converging to fuel its next major move. Meanwhile, XRP’s price path now comes down to one critical test: holding above the key $2.63–$2.65 support zone. A decisive breakout could ignite the long-anticipated surge toward $4.50–$5.00, marking a dramatic resurgence in market confidence. With bullish technicals aligning and momentum accelerating, Tektonic warns that XRP is entering its most crucial breakout phase in years.

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Source: Coinpaper