GLM Dominates Upbit Trading Volume with 14.59% Share in the KRW Market

COINOTAG reported on February 24th that Upbit, one of South Korea’s leading cryptocurrency exchanges, experienced a significant trading volume of approximately $2.208 billion within a 24-hour period, according to CoinGecko data. Notably, the GLM/KRW trading pair emerged as the dominant player, contributing 14.59% to the total trading volume and securing its position as the top pair in the Korean won (KRW) market. Following GLM, the top five trading pairs included STMX, XRP, ANIME, and BTC, highlighting the diverse interest among investors. The data underscores the robust activity within the cryptocurrency sector, with South Korean exchanges playing a pivotal role in shaping global trading trends.