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XRP transactions over $1M surge 280% ahead of Ripple's US regulatory talks and South Korea expansion

Market News
18 Aug 2026
UToday
View Source
Bullish
XRP transactions over $1M surge 280% ahead of Ripple's US regulatory talks and South Korea expansion

XRP network saw a 280% increase in million-dollar transactions, reaching 38 transfers in 24 hours, driven by large holders accumulating over 450 million XRP. This surge coincides with Ripple's integration into South Korea's Jeonbuk Bank for cross-border payments using XRP Ledger, bypassing SWIFT. Additionally, Ripple executives are preparing for a key regulatory meeting with US agencies amid delayed legislation, signaling potential new rules. Market participants view these developments and increased activity as signs of a possible bullish trend resumption for XRP.

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