XRP Dominates Korean Market with 27.94% of Upbit’s $8.725 Billion Trading Volume

On January 21st, COINOTAG reported that Upbit, a significant player in the crypto exchange arena, recorded an impressive trading volume of $8.725 billion within a span of 24 hours. Data from CoinGecko highlights that the XRP/KRW trading pair emerged as the most active, constituting approximately 27.94% of the total trading volume in the Korean won market. Following closely are the top contenders, including BTC (Bitcoin), SOL (Solana), DOGE (Dogecoin), and ETH (Ethereum), which collectively showcase the diverse interests of traders in this dynamic sector. This surge in trading activity underscores the resilience and volatility inherent in cryptocurrency markets, reflecting investors’ ongoing engagement and the evolving landscape of digital assets.