XRP Dominates Korean Market with 21.99% Trading Volume Share on Upbit

According to recent data from CoinGecko, Upbit has seen a significant trading volume, amounting to $17.12 billion in just the past 24 hours. This remarkable figure underscores Upbit’s position as a dominant player in the cryptocurrency exchange landscape. Notably, the XRP/KRW trading pair has emerged as the leader within the Korean won market, accounting for an impressive 21.99% of the total trading volume. This performance emphasizes the increasing interest among investors in using XRP within South Korea. The competitive landscape remains robust, with other notable assets in the top five by volume including WAL (Walrus), BTC (Bitcoin), GAME (GameBuild), and LAYER. These trends suggest a dynamic marketplace that continues to evolve as digital assets gain traction among traders.