According to recent statistics from CoinGecko, the South Korean cryptocurrency exchange Upbit reported an impressive trading volume of 4.38 billion USD within the last 24 hours as of January 23rd. Notably, the VTHO/KRW trading pair dominated this figure, representing 22.55% of Upbit’s total trading activity and securing its position at the forefront of the Korean won market. The competitive landscape also featured other significant cryptocurrencies, including XRP, SOL, DOGE, and BTC, which collectively contributed to Upbitβs remarkable trading dynamics. This surge in trading activity underscores the increasing engagement of investors in the crypto space, particularly within the Asian markets, where South Korea continues to play a pivotal role.