XRP has emerged as the leading cryptocurrency on Upbit, South Korea’s largest digital asset exchange, capturing 25.92% of the total Korean won (KRW) trading volume. This commanding market share underscores XRP’s significant influence within the Korean cryptocurrency ecosystem.
The exchange reported a substantial 24-hour trading volume of $571.5 million. Following XRP/KRW’s dominance, other top trading pairs included HYPER, BTC, ALT, and ENA, though none approached XRP’s trading volume.
As South Korea’s primary crypto trading platform, Upbit plays a vital role in driving liquidity and market activity across the region. XRP’s exceptional performance highlights its strong foothold among Korean investors and traders seeking won-denominated digital asset transactions.