XRP Dominates South Korea’s Upbit Exchange with 22.17% Trading Volume Share on July 17

On July 17, Upbit, South Korea’s leading cryptocurrency exchange, recorded a substantial $4.2 billion trading volume within 24 hours, according to CoinGecko data. The XRP/KRW trading pair dominated the Korean won market, capturing a significant 22.17% share of the total trading volume. Other prominent cryptocurrencies rounding out the top five included Ethereum (ETH), BONK, Bitcoin (BTC), and Dogecoin (DOGE). This data underscores Upbit’s pivotal role in facilitating high liquidity and diverse crypto asset trading in the region, reflecting robust investor interest and market activity in South Korea’s digital asset ecosystem.