XRP Surges on Upbit, Dominating $524M Volume Despite 24.6% Market Drop

XRP Dominates Upbit Trading with $524 Million Volume Amid 24.6% Decrease

Recent data from CoinGecko reveals that Upbit, a prominent cryptocurrency exchange, experienced a trading volume of $2.43 billion over the last 24 hours. This figure marks a notable decline of 24.6% when compared to the previous trading cycle. Within this framework, the XRP/KRW trading pair emerged as the most actively traded, accumulating a volume of $524 million, which constitutes a substantial 21.54% of the exchange’s total volume. Following closely, the TRUMP/KRW pair captured the spotlight with $200 million traded, accounting for 8.24% of overall activity. Lastly, the USDT/KRW pair rounded out the top three, securing a trading volume of $186 million, representing 7.66% of Upbit’s total trades.