According to Despread Research, 70% of South Korean crypto investors made profits in 2024, driven largely by holdings in Bitcoin (BTC), XRP, and Ethereum (ETH). High optimism persists as 75% of investors predict Bitcoin to surpass 100,000 USD (150 million KRW) in 2025.
The overall investor sentiment in South Korea is bullish, largely attributed to positive market developments, including the recent approval of Bitcoin spot ETFs. This has encouraged a significant influx of new investors into the market.
On March 26, 2025, XRP traded between 2.43 USD and 2.48 USD, with signs of bullish sentiment emerging in technical analyses, although caution is advised due to low trading volumes.
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