South Korea’s cryptocurrency landscape experienced a surge in activity from February 7 to 13, with investor interest growing across multiple digital assets. According to reports, XRP recorded 85,652 searches, making it the top-searched token in the country.
Despite experiencing a minor decline of 2.89% over 24 hours, XRP maintained an upward trend, registering a 9.88% increase over the past seven days.
The search trends did not stop at well-established tokens, as ONDO also gained traction, securing 35,633 searches and ranking as the second-most searched cryptocurrency. Investor interest in Ethereum remained strong based on the 27,474 monthly searches in South Korea.
The dominance of Bitcoin in the cryptocurrency market was evident through its strong 23,158 search totals. The search index data from Google showed that South Korean investors preferred Solana because it had 16,392 recorded searches and other popular digital assets.
Also Read: Bitwise Takes a Step Toward Dogecoin ETF Amid Growing Interest
Pi Network’s Anticipated Launch Fuels Interest Despite Concerns
The upcoming launch of Pi Network has generated increased public interest, which is expected to occur on February 20, 2025. The project receives widespread recognition because of its exclusive referral program and restricted token limit of 100 billion tokens.
Pi Network has generated enthusiasm but faces challenges due to questions about its economic system and regulatory framework. Public discussions concerning the project are growing, although many crypto owners hold conflicting opinions.
Bitcoin Dominates Mentions While New Tokens Gain Traction
The cryptocurrency community in South Korea dedicated its largest share of attention to Bitcoin because it received 1,620 mentions. The crypto discussions reveal Ethereum and XRP as actively relevant digital assets since they received 951 and 516 mentions each.
Surprisingly, the Trump token surged into publicity and received 432 mentions, making it a noteworthy entry in crypto discussions. Other assets, including Steem Dollar (SBD) and ONDO, recorded 342 and 279 mentions, respectively, showcasing a growing interest in newer tokens despite the dominance of major cryptocurrencies.
The recent search and discussion trends in South Korea underscore the evolving nature of the crypto market, with investors actively exploring well-established and emerging assets.
The rise in interest for tokens like ONDO and Pi Network suggests that market participants are keen on diversification, while Bitcoin, Ethereum, and XRP maintain strong positions within the industry.
Also Read: Has the SEC Officially Classified XRP as a Commodity?
