Asia Crypto Roundup: XRP Leads Thailand, Shanghai Court Sells Filecoin
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- XRP led Thai markets with 5× gains and $8.2B in trading volume through August
- Shanghai court sold 90K FIL tokens, raising concerns over undervalued disposals
- FIL retests long-term support as AI demand boosts decentralized storage tokens
Asian markets are leaning deeper into crypto, both in spot and perpetual futures. A new monthly report from Thailand’s SEC showed XRP has been the best-performing asset in the country through August, outpacing every other regulated class this year.
Meanwhile, in China, a Shanghai court sold seized Filecoin (FIL) tokens at what may have been the bear market floor.
XRP Tops Thailand Gains
Ripple’s expanding partnerships and climbing exchange volumes have translated into standout returns for Thai investors. The SEC report shows XRP delivered a 5× rally over the past 12 months, cementing it as the top-performing major asse…
Read The Full Article Asia Crypto Roundup: XRP Leads Thailand, Shanghai Court Sells Filecoin On Coin Edition.
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