XRP Dominates South Korea’s Upbit Exchange with 25.92% of KRW Trading Volume
2025-07-12 04:37:47
Main Idea
XRP dominated South Korea's Upbit exchange with 25.92% of the KRW trading volume, highlighting its significant presence in the Korean crypto market.
Key Points
1. Upbit recorded a 24-hour trading volume of $571.5 million on July 12.
2. The XRP/KRW trading pair accounted for 25.92% of the total volume, leading the Korean won trading segment.
3. Other top trading pairs included HYPER, BTC, ALT, and ENA.
4. Upbit plays a crucial role in providing liquidity and trading activity in South Korea's crypto ecosystem.
Description
On July 12, Upbit, South Korea’s leading cryptocurrency exchange, recorded a substantial 24-hour trading volume of $571.5 million, as reported by CoinGecko. The XRP/KRW trading pair dominated the market, representing
$XRP
$2.7904
+6.82%
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