news 
XRP Outshines BTC and ETH in This Crucial Metric but Prices Take a Hit
In a stunning turn of events, Ripple’s native token has outperformed both Bitcoin (BTC) and Ethereum (ETH) in a critical metric, a development that may be perceived as unusual given the market capitalization and trading volume of these two assets. In a surprise move, XRP has surged ahead in terms of trading volume on South Korea’s largest crypto exchanges.
According to the latest data from CoinMarketCap, XRP has seen its daily trading volume skyrocket to nearly $600 million on Upbit alone, a staggering figure that dwarfs even ETH’s and BTC’s combined figures. Notably, bitcoin is nowhere near the top three in this metric, with its trading volume against Korean won (KRW) hovering at roughly one-fourth of XRP’s.
In another development, it appears that XRP has seized control on Bithumb as well, occupying the top spot with a trading volume of $240 million. ETH and BTC, on the other hand, are relegated to lower positions, with the former coming in second and the latter barely scraping into the top ten.
While this metric can be seen as a positive development for XRP, it seems that the token’s price is not reflecting this success, having dropped by over 2% within the past day. This sudden correction could be attributed to the asset being rejected at $3.3 earlier today and its inability to hold onto gains above this level.
It remains unclear what factors contributed to this surge in trading volume for XRP, although it’s possible that sentiment may have shifted due to the token’s recent performance.
Source: cryptopotato.com
