Markets· ★★· neutral·

XRP tops Korean market with 15.5% of local trading volume

  • —XRP scored 84.5 on the index with 15.51% of local volume and 328.8 billion won in daily turnover
  • —ONDO and ENA held 2.78% and 4.25% of local volume versus 0.12% and 0.9% globally
  • —TRX was the only top-10 coin up on the week (+2.5%) with a 3.97% Korea premium
  • —Korean exchanges' share of combined volume with Binance fell to 13.10% from 17.00% a month earlier
Why it matters: Heavy Korean concentration in XRP and ONDO raises the risk of local prices diverging from global quotes.
Source: TokenPost