XRP激增，因为大多数在UPBIT上针对韩语WON（KRW）的加密货币交易

XRP已成为韩国最大的加密货币交易所Upbit上对阵韩国赢得的最多的加密货币。

Cryptocurrency XRP has emerged as the most traded digital asset against the Korean Won (KRW) on Upbit, South Korea’s largest crypto exchange.

加密货币XRP已成为韩国最大的加密货币交易所UPBIT上对韩国WON（KRW）的数字资产最多的数字资产。

Data from CoinGecko shows that XRP/KRW clocked a trading volume of $1.68 million over the past 24 hours at the time of writing. This easily outpaced Bitcoin, which stood at $436,136, and Solana, which recorded $253,341.

Coingecko的数据表明，XRP/KRW在写作时的过去24小时中的交易量为168万美元。这款易于超过比特币的价格为436,136美元，索拉纳（Solana）的记录为253,341美元。

Stablecoin Tether had the highest trading volume at $3.85 million, reflecting strong demand for liquidity in the market. However, XRP led the pack among non-stablecoin cryptocurrencies, maintaining a dominant position in Korea’s crypto exchange.

Stablecoin Tether的交易量最高，为385万美元，反映了对市场流动性的强劲需求。然而，XRP领导了非稳定加密货币的比赛，在韩国的加密交易所保持了主导地位。

Large XRP Transfer Fuels Speculation

大XRP转移燃料猜测

Blockchain tracker Whale Alert reported a 25 million XRP purchase from Upbit, which was then transferred to an unidentified wallet. This large transaction has sparked speculation about institutional accumulation and potential insider moves.

区块链跟踪器鲸鱼警报报告说，从UPBIT购买了2500万XRP，然后将其转移到身份不明的钱包中。这项大型交易引发了人们对机构积累和潜在内部移动的猜测。

Speculation grew following the massive XRP transfer, with some traders speculating whether insiders had knowledge of an impending market event. One observer suggested that the whale activity might signal progress in Ripple’s legal battle with the SEC, hinting at a possible settlement on the horizon.

在大规模的XRP转移之后，人们提出了猜测，一些交易员猜测内部人员是否知道即将来临的市场事件。一位观察家建议，鲸鱼活动可能标志着波纹与SEC的法律斗争的进展，暗示了可能的定居点。

While there is no confirmation of an impending settlement between Ripple and the SEC, large-scale whale movements often indicate strategic positioning ahead of market events.

尽管没有确认Ripple与SEC之间即将定居的确定，但大规模的鲸鱼运动通常表明在市场事件之前进行战略定位。

What’s Behind XRP’s Trading Surge?

XRP的交易激增背后是什么？

Upbit accounts for nearly 30% of XRP’s total trading volume, highlighting South Korea’s strong regional adoption. Historically, Korean markets have been early indicators of global crypto trends. This suggests XRP’s dominance could signal broader market shifts.

UPBIT占XRP总交易量的近30％，强调了韩国强劲的地区采用。从历史上看，韩国市场一直是全球加密趋势的早期指标。这表明XRP的主导地位可能表明市场变化更广泛。

Sienna AI noted that XRP’s established role in cross-border transactions may be driving demand, especially among institutional players. With deep liquidity on Upbit, traders can execute large transactions with minimal slippage, making XRP an attractive asset for both retail and institutional investors.

Sienna AI指出，XRP在跨境交易中的既定作用可能是推动需求，尤其是在机构参与者中。在UPBIT上有深厚的流动性，交易者可以通过最小的滑倒进行大型交易，从而使XRP成为零售和机构投资者的吸引力。

Related: XRP Beats Bitcoin in Trading Volume as Market Eyes Trump Policies

相关：XRP在交易量中击败比特币，因为市场眼前的政策

With increasing whale activity and strong local demand, XRP’s momentum on Upbit could continue. However, traders are closely watching for regulatory developments, particularly regarding Ripple’s legal battle with the SEC.

随着鲸鱼活动的增加和强劲的当地需求，XRP对UPBIT的势头可能会继续下去。但是，交易者正在密切关注监管发展，特别是关于Ripple与SEC的法律斗争。

If an XRP-SEC settlement occurs, it could significantly impact XRP’s price and market positioning.

如果发生XRP-SEC解决方案，它可能会严重影响XRP的价格和市场定位。