Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have seen a remarkable increase in trading volume over the past 24 hours. Trading volumes for certain altcoins, in particular $XRPreached hundreds of millions of dollars, increasing market activity.
When spot market data from the two exchanges is evaluated together, it is evident that South Korean investors are focusing on specific altcoins. $XRP Stands out by far in total volume, while projects such as Solana, Orbs, Sahara AI and Sign also saw a significant increase in trading volume.
Here is the altcoin ranking based on total trading volume data from both exchanges:
- $XRP ($XRP) – $533 million
- Bitcoin (BTC) – $260 million
- Ethereum (ETH) – $186 million
- Tether (USDT) – $201 million
- Orbs (ORBS) – $100 million
- Sahara AI (SAHARA) – $91 million
- Sign – $82 million
- Solana (SOL) – $73 million
- Dogecoin (DOGE) – $47 million
- Enso (ENSO) – $44 million
The data shows that $XRP is the volume leader on both exchanges. The concentration of transactions, particularly on KRW (South Korean Won) pairs, reveals that interest from local investors remains strong.
*This does not constitute investment advice.
