XRP Dominates Korean Trading Market with 9.73% Share in Upbit’s $2.496 Billion Volume

According to recent data from CoinGecko, reported on April 29th, Upbit has seen a remarkable trading volume of $2.496 billion within a 24-hour period. Significantly, the XRP/KRW trading pair dominated the Korean won market, capturing 9.73% of that total volume. This impressive uptake highlights the growing interest in XRP within Southeast Asia. Following XRP, the top five trading pairs by volume were identified as MOCA, VIRTUAL, DEEP, and BTC, showcasing a diverse trading environment. As cryptocurrencies continue to gain traction, platforms like Upbit play a critical role in enhancing liquidity and facilitating trading opportunities for investors. The uptick in trading activities signals a robust market sentiment, drawing attention to the evolving landscape of digital assets.