Spot XRP trade volumes have significantly increased in the last hour, with Upbit, Korea's largest exchange, seeing a 156% surge in its XRP/KRW pair to $8.78 million. Concurrently, Binance, the world's largest exchange, experienced a 69% increase in its XRP/USDT pair, reaching $8.7 million. This surge in trading volume indicates heightened market participation, potentially supporting the market during a recovery period as both exchanges compete for the leading position in XRP spot volume.