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XRP outtrades Bitcoin on South Korea's Upbit exchange with $350M volume, rising 19% in a month.

Market News
22 Sep 2026, 18:35 WIB
Bitcoin
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Bullish
XRP outtrades Bitcoin on South Korea's Upbit exchange with $350M volume, rising 19% in a month.

XRP has consistently outtraded Bitcoin on South Korea's Upbit exchange for 30 consecutive days, reaching $350 million in trading volume on September 21 compared to Bitcoin's $225.8 million. The price of XRP on Upbit rose about 19% from $1.28 to $1.52 between September 15 and 21, driven largely by active Korean retail traders. Despite high trading volumes, there is no significant 'kimchi premium'—a typical price gap between Korean and global markets—indicating that traders are actively flipping XRP rather than buying at a premium. This sustained trading activity suggests a stable interest in XRP in the Korean market, with potential for further price movements ahead.

Following XRP's strong trading performance on South Korea's Upbit, XRP on Pluang is priced at Rp28.218 with a 6.21% increase over the past day as of Sep 22, 2026 22:54 WIB. XRP's market cap stands at Rp1.725,27 trillion, and it shows a buying interest with 65% of orders on Pluang being buys. Meanwhile, Bitcoin trades at Rp1.548.470.761 with a smaller 0.90% gain and a market cap of Rp30.884,94 trillion, with more selling activity at 65%.

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