XRP Dominates Upbit with $8.79 Billion Trading Volume and 20.67% Market Share on July 24

On July 24, Upbit recorded a substantial 24-hour trading volume of $8.79 billion, according to CoinGecko metrics. The XRP/KRW trading pair dominated the Korean won market, capturing a commanding 20.67% share of total trading activity. This highlights XRP’s strong liquidity and investor interest within the region. Other notable cryptocurrencies rounding out the top five by volume included SAHARA, STRIKE, NEWT, and DOGE, reflecting diverse market participation across different digital assets. These figures underscore Upbit’s role as a key player in facilitating high-frequency crypto transactions in South Korea, offering valuable insights into market dynamics and investor preferences in the local fiat-to-crypto ecosystem.