Ethereum demonstrated its commanding presence in South Korea’s cryptocurrency market, with the ETH/KRW trading pair leading Upbit’s 24-hour trading volume.
The pair generated $2.437 billion in trades over the past day, accounting for a significant 12.09% of Upbit’s total trading volume.
ETH/KRW emerged as the platform’s top trading pair, followed by XRP/KRW, BTC/KRW, USDT/KRW, and NXPC/KRW, indicating diverse investor interest across major cryptocurrencies.
This dominance underscores Ethereum’s strong foothold within South Korea’s fiat-to-crypto exchange ecosystem.
The substantial trading figures provide valuable insight into market liquidity and prevailing trading preferences on Upbit, one of the country’s largest digital asset platforms.