XRP Dominates Upbit Trading with 14.85% Share Despite 39.1% Volume Drop

As of May 17th, recent statistics from CoinGecko reveal that Upbit platform’s trading volume surged to $1.824 billion over the past 24 hours, reflecting a significant decrease of 39.1% from previous levels. Notably, the XRP/KRW trading pair played a pivotal role, accounting for 14.85% of Upbit’s overall trading volume, thereby securing its position as the leading pair in the Korean won market. Following XRP, the subsequent top trading pairs included NXPC, ETH, BTC, and KAITO, showcasing a diverse interest among traders. This data highlights the dynamic nature of cryptocurrency trading in South Korea, reflecting shifts in investor preferences and market sentiment.