XRP Dominates Upbit Trading with 31.23% Volume in Korean Won Market

COINOTAG reported on March 12 that, according to CoinGecko, Upbit has experienced a staggering trading volume of $3.009 billion in the last 24 hours. Notably, the XRP/KRW trading pair dominated this figure, representing a substantial 31.23% of the total trading volume, solidifying its position as the leading pair in the Korean won market. Following XRP, the top five trading pairs included Bitcoin (BTC), Ethereum (ETH), ARKM, and AUCTION, which collectively highlight the diverse trading interests within the region. The data indicates a robust market engagement, suggesting that investors are actively capitalizing on the volatility and opportunities in the cryptocurrency landscape, particularly in Korea.