XRP tops Bitcoin on Upbit with $2.6B in trading volume in 24 hours

XRP token led the bullish momentum in the crypto market in the past 24 hours assisting several other altcoins to increase in double digits.24 hour trading volume on UpBit, Source: CoingeckoThe purchasing frenzy for the token was not restricted to South Korea. Within hours of the court judgment, the XRP tokens market cap soared by as much as $21.2 billion to reach a new yearly high of $46.1 billion.Related: Why is XRP cost up today?On July 13, Judge Torres provided a summary judgment in favor of Ripple Labs, ruling that the XRP token is not a security. The judgment was welcomed with relief by the XRP community as the SEC suit submitted in 2020 required a number of crypto exchanges in the U.S. to delist the XRP token.