A surge in cryptocurrency trading activity among South Korean investors is driving significant price gains for assets like XRP from Ripple and Dogecoin (DOGE). Local exchanges are witnessing record volumes, surpassing even Bitcoin and Ethereum’s trading activity. Analysts attribute this trend to improved U.S.-China relations and expectations of interest rate cuts worldwide. Over the past week, these altcoins have experienced price surges exceeding 15%, outpacing Bitcoin’s growth. Meanwhile, Ethereum’s prices climbed by a strong 40% over the same period, its best weekly performance since 2021. 58% of investors in South Korea believe that cryptocurrency is an essential part of their investment portfolio.