XRP News Today: Altcoin Trading Volumes Surge 200% on Upbit Bithumb Amid Price Decline

South Korea's leading cryptocurrency exchanges, Upbit and Bithumb, have witnessed significant surges in the trading volumes of various altcoins over the past 24 hours. This surge is particularly notable in coins such as XRP, Ethereum (ETH), and Solary (LAYER).

The list of the most popular altcoins, based on total trading volumes on these exchanges, includes XRP at $357 million, Ethereum (ETH) at $272 million, Bitcoin (BTC) at $235 million, Solary (LAYER) at $175 million, and Tether (USDT) at $162 million. Other altcoins experiencing high trading volumes include Status (SNT) at $98 million, Solana (SOL) at $76 million, Aergo (AERGO) at $56 million, Dogecoin (DOGE) at $62 million, Orbs (ORBS) at $46 million, Sei (SEI) at $45 million, Ondo (ONDO) at $49 million, Threshold Network (T) at $34 million, Sui (SUI) at $38 million, Worldcoin (WLD) at $23 million, Kaia (KAIA) at $21 million, Sundog (SUNDOG) at $17 million, Virtuals Protocol (VIRTUAL) at $17 million, and Pepe (PEPE) at $12 million.

The recent decline in cryptocurrency prices, exacerbated by geopolitical tensions such as those between Iran and the US, has led to a notable increase in trading volumes compared to previous weeks. This sudden volatility has driven investors to engage more actively in the market, seeking opportunities amidst the price fluctuations.