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March 5, 2025

Upbit Surges Ahead with Largest XRP Reserves, Outpacing Binance

In a notable shift within the cryptocurrency exchange landscape, Upbit has claimed the top position for holding the largest XRP reserves. According to data from CryptoQuant, Upbit recently surpassed Binance, marking a significant achievement for the South Korean exchange. This surge comes on the heels of comments from President Donald Trump, who outlined plans for a U.S. crypto reserve featuring XRP alongside other tokens. Traders should watch for how this development impacts XRP’s market dynamics and trading volume in the coming days. Upbit’s rapid ascent indicates a growing trust and engagement in the crypto space, particularly concerning XRP.

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