XRP Dominates South Korean Market with 17.87% Trading Volume Share on Upbit

Recent data from CoinGecko indicates a significant surge in trading activity on South Korea’s prominent exchange, Upbit, reaching $7.642 billion in a span of 24 hours, reflecting a remarkable increase of 37.3% from the previous day. Notably, the XRP/KRW trading pair has emerged as the leader in the Korean won market, capturing an impressive 17.87% of the total trading volume. This uptick underscores the growing interest in cryptocurrency among South Korean investors. In addition to XRP, other noteworthy cryptocurrencies contributing to the volume include MOCA, BTC, UXLINK, and VANA, highlighting a diverse trading landscape. As the cryptocurrency market continues to evolve, such trends may influence both local and global investment strategies.