English Translation and Rewrite:

In a recent tweet, crypto investor Armando Pantoja shared some fascinating information: In South Korea, XRP has surpassed Bitcoin with more than double the trading volume. While Bitcoin's volume stood at $282 million, XRP surged to $650 million.

XRP Rebounds

At the beginning of the month, XRPL launched the Japan and Korea Fund, open to businesses, developers, and the XRPL community. The fund is a joint project by leading Korean and Japanese companies.As of writing this article, XRP's price has recovered from its previous correction, rising 8.46% in the last 24 hours to $0.594. The SEC had canceled a confidential meeting scheduled for July 17, which was supposed to discuss a potential settlement with Ripple.Following this news, XRP's price initially fell, but the strong demand for the Ripple token caused it to bounce back, resulting in a short-term bullish trend.Whale Alert detected a transfer of 20 million XRP tokens to the BitGet exchange during the correction. Although there were initial fears of liquidation, there were no negative impacts on the price performance.Especially in South Korea, where trading volume has dramatically increased, these events demonstrate the growing interest and enthusiasm for XRP. The establishment of the Japan and Korea Fund highlights the strategic importance of these markets for Ripple.The fund aims to foster creativity and collaboration among businesses, developers, and the public, potentially leading to greater discovery and adoption of XRP and XRPL technologies.