Spot XRP trade volumes on Upbit and Binance have spiked over the last hour, as both exchanges vie for the top position. Specifically, the XRP KRW on Upbit, Korea’s largest exchange, has surged 156% in the past hour to reach $8.78 million at press time. Meanwhile, the XRP USDT pair on Binance, the world’s largest exchange by trade volume, has increased 69% to $8.7 million.
Notably, these figures place Upbit in the lead for the largest XRP spot volume in the last hour, with Binance in second place in what appears to be a tight race. Upbit has recorded a 156.43% increase in its XRP spot volume to $8.78 million in the last hour, while Binance has seen a 69.56% spike in the same period, totaling about $8.7 million.
Other exchanges, such as Gate.io, Coinbase, and Bybit, have also shown spikes in their XRP volumes. This surge in trading activity comes as XRP breaks above $2.1 in an ongoing recovery effort.
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