XRP volume jumps 12 projects join XRPL accelerator, Ripple expands Europe

XRP trading volume jumped over the weekend while the token held a tight range after a week of steady declines, as Ripple's expanding regulatory presence in Europe and an upcoming appearance by President Monica Long in Seoul offset broader market caution. XRP was the second most traded asset by volume on Upbit, South Korea's largest exchange, as of June 29.

"Korea has long been one of XRP's most active speculative markets, with Korean traders often pushing XRP into the top volume rankings during periods of increased interest," according to data from CoinGecko. Ripple President Monica Long, who leads the company's Business, Product and Engineering teams, is scheduled to speak at XRP Seoul 2026 on Oct. 3 during Korea Blockchain Week.

The event coincides with the Korea Fintech Innovation Program 2026, the largest XRPL-native accelerator program to date. Out of 270 applicants, 12 finalist teams were selected to build on the XRP Ledger, according to XRP Ledger Korea. Local developers and finance-focused teams are using XRPL infrastructure to create solutions as Korea's financial technology sector transitions to blockchain-based systems.

The surge in trading activity, combined with a growing ecosystem accelerator and Ripple's expanding regulatory footprint in Europe, creates competing forces for XRP's next directional move. Bearish technical pressure from recent declines is being met by bullish fundamental drivers tied to adoption and regulatory clarity, with the October event in Seoul serving as the next major milestone for the ecosystem.

Ripple's European expansion has been a key focus as the company builds regulatory compliance infrastructure across the region. The company's growing presence in Europe, combined with its leadership's engagement in Asian markets, reflects a multi-jurisdictional strategy aimed at bridging traditional finance and decentralized infrastructure.

XRP's utility is also gaining traction as financial institutions explore blockchain-based payment solutions. The XRP Ledger's focus on fast settlement and low transaction costs positions it as complementary infrastructure for regulated cross-border payments, according to the project's documentation. RippleNet, the company's payment network, uses XRP to source liquidity for cross-border transactions, eliminating the need to pre-fund accounts for institutions including Santander, Bank of America and SBI Remit.

This article is for informational purposes only and does not constitute investment advice.