XRP Dominates Upbit with $3.68 Billion in Daily Trading Volume, Outshining Bitcoin

According to recent data from Coingecko, the daily trading volume of XRP on Upbit surged to an impressive $3.68 billion on December 2nd, representing a substantial 27.53% of the exchange’s overall trading activity. In stark contrast, Bitcoin’s trading volume for the same day was significantly lower at just $333 million. This remarkable trading activity highlights XRP’s growing dominance within the cryptocurrency market. Additionally, the platform’s ranking by trading volume featured SHIB, DOGE, XLM, and HBAR following XRP, showcasing the competitive nature of these digital assets. The data underscores shifting investor interests and trends that could have lasting implications for market dynamics. Staying updated on such trading volumes is essential for stakeholders aiming to navigate the ever-evolving landscape of cryptocurrency.