South Korea’s premier cryptocurrency exchange Upbit recorded $3.2 billion in 24-hour trading volume, with XRP emerging as the dominant digital asset. The XRP/KRW trading pair commanded 15.15% of the platform’s total transaction activity, positioning it as the most traded cryptocurrency.
Other digital assets securing significant positions included Dogecoin (Doge), Tezos (XTZ), Ethereum (ETH), and Ethereum Classic (ETC), which rounded out the top-performing cryptocurrencies on the exchange. This distribution illustrates active investor participation across diversified digital assets.
The strong trading volume underscores Upbit’s pivotal role in the South Korean crypto market and highlights robust investor interest in both mainstream and alternative tokens. Trading patterns reveal continued market engagement despite broader industry fluctuations.