XRP’s Meteoric Rise: South Korean Trading Frenzy Propels Price to $3.00

XRP experienced a dramatic surge, climbing from $2.60 to $3.00 in just a few hours, driven predominantly by a trading frenzy on South Korea's Upbit exchange. This remarkable rally was underscored by Upbit accounting for 70% of net spot purchases, with a staggering 32 million XRP traded within a 24-hour period. The exchange's XRP trading volume exceeded $500 million, even outpacing Bitcoin and Ethereum on its platform. While global giants like Binance and Coinbase played minimal roles in this surge, the spotlight remains firmly on Upbit's outsized influence. This event highlights the growing significance of regional exchanges in the cryptocurrency market and underscores XRP's robust demand in specific geographic markets. As of August 2025, XRP's performance continues to captivate investors, with its price action demonstrating the volatile yet opportunistic nature of digital assets.

XRP Surges on South Korean Trading Frenzy, Outshining Global Exchanges

XRP rallied sharply from $2.60 to $3.00 in a matter of hours, fueled almost entirely by explosive trading activity on South Korea's Upbit exchange. The platform accounted for 70% of net spot purchases—32 million XRP traded within 24 hours—while global heavyweights like Binance and Coinbase played marginal roles.

Upbit's XRP trading volume eclipsed $500 million, surpassing Bitcoin and ethereum on the exchange during the surge. Market observers noted the anomaly of a regional exchange dictating price action for a top-tier altcoin, particularly as Bitcoin itself approached record highs.

The concentrated buying pressure highlights the growing influence of localized liquidity events in crypto markets. "These are 32 million XRP coming exclusively from spot market orders," remarked analyst Dom, underscoring the organic nature of the rally.

Ripple Targets $685B Remittance Market With RLUSD Stablecoin Launch

Ripple is positioning its new RLUSD stablecoin as a solution for the $685 billion global remittance market. The move signals the company's intensified focus on modernizing cross-border payments through blockchain technology, addressing persistent pain points like excessive fees and sluggish settlement times.

CEO Brad Garlinghouse continues to steer Ripple through regulatory complexities while advocating for clearer crypto policies in the U.S. His leadership mirrors broader industry efforts by executives like Coinbase's Brian Armstrong to balance compliance with technological innovation.

The company's regulatory strategy benefits from alliances with legal experts including attorney John Deaton. These partnerships strengthen Ripple's position as it challenges traditional financial infrastructure with blockchain-based alternatives.

XRP Price Prediction: XRP Hits 4-Month High—Analysts Forecast Record-Breaking Rally Beyond ATH

XRP has surged to a four-month high, marking its seventh consecutive day of gains amid heightened institutional activity. The cryptocurrency now trades at $2.98, up 32% since July, with market capitalization swelling by $30 billion in a week. Trading volume spiked to 9.44 billion, suggesting institutional rather than retail momentum.

Institutional demand is accelerating after Ripple secured XRP's inclusion in Grayscale’s Digital Large Cap Fund. Regulatory clarity has further fueled optimism, with ten XRP spot ETF applications under U.S. review and a potential decision by October. Ripple’s bid for a national bank charter could cement its role as a federally regulated trust bank, adding long-term legitimacy.

XRP Price Prediction: Bulls Target $3.40 as SEC Vote Nears

XRP's upward trajectory continues as investors grow optimistic about a potential resolution to Ripple's legal battle with the SEC. The token closed at $2.8353 on July 13, marking a six-day winning streak and outperforming the broader crypto market. Recent highs NEAR $2.9727 and the 2025 peak of $3.3999 have bulls eyeing the $3.40 threshold.

Ripple's decision to drop its cross-appeal in the SEC lawsuit has fueled speculation that the Commission may follow suit during its July 17 closed-door meeting. A withdrawal by the SEC WOULD remove a major regulatory overhang, potentially triggering a bullish breakout for XRP.

XRP Eyes $5 as Ripple Nears SEC Case Resolution

XRP's recent price surge has investors speculating about a potential climb to $5. The cryptocurrency, currently trading between $2.40 and $3.12, has gained nearly 40% over the past month. A break above the $3.41 resistance level could pave the way for a 30% rally toward $4.14.

Technical indicators support the bullish case. The RSI at 65.05 suggests room for further upside, while moving averages and MACD levels confirm positive momentum. Market sentiment appears increasingly optimistic as Ripple's legal battle with the SEC nears resolution.

Outset PR's data-driven analysis highlights how regulatory clarity could catalyze XRP's next major move. The firm specializes in amplifying narratives for Web3 projects, combining strategic communication with market intelligence.

Ripple Aims for $30 Trillion Market Share in Global Payments

Ripple Labs is setting ambitious new targets for XRP's role in global finance. Updated projections suggest the cryptocurrency could capture 20% of SWIFT's $150 trillion annual cross-border payment volume—up from an earlier estimate of 14%. This would translate to $30 trillion flowing through the XRP Ledger annually, potentially reshaping international money movement.

CEO Brad Garlinghouse's 2025 forecast of 14% market penetration now appears conservative as institutional adoption grows. Crypto analyst Paul Barron notes Ripple's expanding partnerships and regulatory clarity are driving revised estimates. Even the original $21 trillion projection would position XRP among the most utilized digital assets in traditional finance.