XRP Dominates Korean Crypto Market with $22.85 Billion in 24 Hours

XRP has emerged as the dominant cryptocurrency in the Korean market, with a staggering $22.85 billion trading volume on Upbit over the past 24 hours. This remarkable surge has positioned Upbit as a leading player in the Korean cryptocurrency landscape. Notably, the XRP/KRW trading pair has captured a significant market share, accounting for 16.64% of the total volume, solidifying its leadership within the South Korean trading ecosystem.

Upbit's portfolio also includes other notable trading pairs that rank in the top five by volume, such as UXLINK, ME, BERA, and BTC. As institutional interest continues to grow, Upbit's trading dynamics are poised for further evolution, attracting investors eager to capitalize on regional trends in the digital asset space.