South Korean cryptocurrency exchange Upbit recorded a robust $1.289 billion 24-hour trading volume across its Korean won (KRW) markets, with XRP emerging as the dominant trading pair representing 11.51% of total transactions. This marks XRP as the highest-volume asset on the KRW-focused exchange, underscoring its entrenched position within South Korea’s digital asset ecosystem.
The XRP/KRW pair outpaced other major cryptocurrencies including Ethereum (ETH), Bitcoin (BTC), NXPC, and ANIME, which followed in the trading volume rankings. The diversity of top-performing assets reflects sustained investor interest across both established tokens and niche offerings on the platform.
These metrics reinforce Upbit’s pivotal role as a principal liquidity hub facilitating high-value cryptocurrency trades throughout South Korea’s financial center.