STRIKE Dominates South Korea’s Upbit with 23.92% Market Share in KRW Trading Volume

On July 23, CoinGecko reported that Upbit, South Korea’s leading cryptocurrency exchange, recorded a robust 24-hour trading volume of $6.334 billion, marking a 2.3% increase from the previous day. The STRIKE/KRW trading pair dominated the Korean won market, capturing a significant 23.92% share of the total trading volume. Other prominent cryptocurrencies contributing to the market activity included XRP, PENGU, SOL, and ETH, which collectively ranked within the top five by trading volume. This data underscores Upbit’s pivotal role in facilitating high liquidity and diverse trading options within the South Korean crypto ecosystem.