XRP Dominates Upbit’s Trading Volume with 19.64% Share in 24 Hours

According to CoinGecko data released on March 6th, Upbit has reported a significant trading volume of $3.164 billion within a 24-hour window. Notably, the XRP/KRW trading pair dominated this activity, accounting for an impressive 19.64% of total volume, thereby securing its position as the leader in the Korean won market. Following XRP, the top five trading pairs by volume included ADA, BTC, KAITO, and SOL, reflecting heightened interest and engagement in these specific cryptocurrencies. This surge in trading activity underscores the significance of Upbit as a crucial player in the crypto exchange landscape, particularly in the vibrant South Korean market. Investors and traders should remain vigilant as fluctuations could indicate emerging trends within these assets.