Is XRP Losing Korea? Insights from Chainalysis and Upbit Data
Ripple has partnered with Meritz Securities, its first securities firm partner in South Korea. The two will explore bringing Ripple Custody and its tokenization tools into Korea’s capital markets. Korean retail traders, however, have moved toward a different theme. New Chainalysis data shows payment tokens like XRP (XRP) losing ground in Korea’s won market. Ripple’s The post Is XRP Losing Korea?…
Ripple has partnered with Meritz Securities, its first securities firm partner in South Korea, to explore bringing Ripple Custody and tokenization tools into Korea's capital markets. However, new Chainalysis data shows payment tokens like XRP are losing ground in Korea's won market as retail traders shift to other themes. The mixed signals make this a neutral development for XRP traders, with the partnership offering long-term potential but current market data indicating declining interest.
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