XRP has overtaken Bitcoin in 24-hour trading volume on Upbit, South Korea’s largest digital asset exchange, as the token holds above the reclaimed $1.10 level. The surge in activity places XRP among the busiest assets on the platform and shifts market focus toward the $1.15 resistance level.
XRP Overtakes Bitcoin in Upbit Trading
Over the past 24 hours, XRP recorded approximately 113.18 million XRP in trading volume on Upbit, surpassing Bitcoin during that period. South Korea has historically been a major hub for XRP trading, and sharp increases in activity on Korean exchanges often attract broader market attention.
Rising volume alongside price typically signals wider market participation, suggesting that more buyers have entered the market rather than a narrow group of traders driving the move. However, volume alone does not guarantee sustained gains — price direction depends on whether buyers can maintain support and absorb renewed selling pressure.
Break Above $1.10 Changes the Technical Setup
XRP recently reclaimed the $1.10 level after struggling for weeks to break above it. Previous recovery attempts repeatedly stalled at that zone, making the latest breakout more significant for traders. Buyers have so far defended support above the former resistance, helping XRP form a sequence of higher highs and higher lows — a pattern often associated with strengthening bullish momentum.
Still, the structure remains incomplete without sustained buying above the breakout zone. A quick drop below $1.10 could weaken the setup and return XRP to sideways trading. Conversely, continued support would keep the $1.15 level as the next critical test for buyers.
Low Average Returns Fuel Relief Rally Expectations
A recent Santiment Data post highlighted historically low average returns on the XRP Ledger, which analysts have linked to the potential for a relief rally. This development coincides with signs of altcoin rotation in the broader cryptocurrency market. XRP’s price action is therefore unfolding within a mixed market that continues to send uneven signals.
Traders are closely monitoring average returns, trading activity, and nearby technical levels to gauge whether the current move develops into a stronger trend or loses momentum. Regulatory clarity and institutional interest have also kept XRP in focus throughout 2026, while ongoing development on the XRP Ledger supports continued attention on the asset.
Cryptocurrency markets remain volatile, and prices can change rapidly. Readers should conduct independent research before making investment decisions.