XRP Dominates Upbit with $1.6 Billion Trading Volume and Top KRW Market Share on July 4th
XRP/USDT
$2,431,226,288.85
$1.4703 / $1.4052
Change: $0.0651 (4.63%)
-0.0145%
Shorts pay
On July 4th, Upbit recorded a significant surge in trading activity, with its 24-hour volume hitting $1.6 billion, as reported by CoinGecko. The XRP/KRW trading pair dominated the Korean won market, capturing a leading 13.1% share of the total trading volume. This highlights XRP’s strong liquidity and investor interest within the South Korean crypto ecosystem. Following XRP, prominent cryptocurrencies such as Bitcoin (BTC), MOODENG, Ethereum (ETH), and HP secured positions among the top five traded assets, reflecting diverse market participation. These figures underscore Upbit’s role as a pivotal exchange in Asia, facilitating robust trading volumes across multiple digital assets and reinforcing its influence in the regional crypto market landscape.
