XRP has become the most traded cryptocurrency in South Korea, surpassing Bitcoin and Ethereum, driven by local developments including Kakao Bank's plan to deploy blockchain infrastructure by 2027 and interest from other banks like Woori and K Bank. The rise coincides with the XRP Seoul 2026 conference, which outlined regional strategies for distributed ledger technology. Despite high trading volumes, analysts caution that regulatory factors like a ban on margin trading and minimal fees for AI micropayments are influencing the market rather than global demand. Full impact on XRP's value is expected once these banking projects launch next year.
XRP leads South Korean trading and on Pluang it trades at Rp27.200 with a 1.37% gain as of Oct 05, 2026 21:14 WIB. The token's market cap is Rp1.708,47T and it shows strong buying interest, with 80% of orders to buy. XRP's typical hold time on Pluang is 71 days, indicating moderate investor confidence amid ongoing developments.
At the XRPL Seoul conference, Ripple President Monica Long forecasted a significant increase in Real-World Assets (RWAs) on the XRP Ledger, expecting growth from $6 billion to $30 billion. She also predicted a 10-fold rise in yearly transactions to 1...
ChatGPT forecasts XRP to likely trade between $1.75 and $2.05 by December 31, 2026, with a weighted average near $1.95 to $2.10. Key resistance lies at $1.60 to $1.70, and breaking above this could push XRP toward $2 or higher. Institutional demand f...
XRP traded weakly as bearish sentiment grew in crypto communities early October, with social data showing more negative than positive commentary. Despite the dip, technical analysts see potential for a short-term bounce toward $2, supported by chart ...
XRP has been facing resistance around $1.53 for seven weeks but is forming a descending triangle pattern on the 4-hour chart, signaling a potential breakout. Analyst Ali Martinez expects XRP to rally to $1.62 if it breaks above the triangle's hypoten...
Trader Peter Brandt highlights a possible cup-and-handle pattern forming on XRP's chart, suggesting a bullish continuation if XRP breaks above $1.6572. After recovering from lows near $1.00 in August to around $1.52, XRP has consolidated near $1.50, ...
