XRP Dominates Thailand’s Markets

[johnblockbuster]

XRP has been Thailand’s best-performing asset for nine straight months.

According to the Thai SEC’s August digital asset report, XRP soared 390% year-on-year, outperforming gold, equities, Bitcoin and Ethereum. ETH also climbed into the top three, replacing gold.

Monthly trading volume: 299.4 billion baht (~$8.2B)

Active accounts: 230,000 (↑8.44%)

Investor share: Retail (42%), Institutions (21%), Juristic persons (18%), Foreign (16%)

Crypto adoption is expanding, though Thailand still bars digital assets as official payment methods, aside from pilot programs. The surge comes as 3M+ locals lost bank access in a crackdown on mule accounts, sparking interest in crypto wallets.

[Nahid10]

390% in a year — XRP dominating Thailand’s market while gold & equities lag shows how fast investor appetite is shifting.

[jacson4]

Thailand’s SEC data proves crypto isn’t fringe anymore: $8.2B monthly volume & XRP leading for 9 months straight.

[Swipe]

XRP’s 390% surge in Thailand clearly signals a massive shift in investor confidence. Leading for 9 straight months with $8.2B volume proves crypto adoption is accelerating beyond just speculation