South Korean cryptocurrency exchange Upbit registered $3.147 billion worth of trading volume within 24 hours, highlighting robust activity in the Korean won market.
The XRP/KRW trading pair emerged as the dominant force, capturing 14.05% of market share with $440 million in transactions. Ethereum secured second position with $258 million in trading volume, representing 8.24% market share, followed by GLM at $157 million.
XRP/KRW’s leadership underscores XRP’s pivotal position within South Korea’s cryptocurrency ecosystem, where it commands significant investor interest and trading activity. Ethereum maintained its status as a fundamental component of Upbit’s trading landscape, sustaining notable transactional volume despite competitive market dynamics.