Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have seen remarkable increases in trading volume over the past 24 hours. Trading volumes for some altcoins, particularly XRP, reached hundreds of millions of dollars, increasing market activity.
When spot market data from both exchanges are evaluated together, it is evident that South Korean investors are concentrating on specific altcoins. XRP stands out by far in total volume, while projects such as Solana, Orbs, Sahara AI, and Sign also saw significant increases in trading volume.
Here’s the ranking of altcoins based on the total trading volume data from the two 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 in KRW (South Korean Won) pairs, reveals that local investor interest remains strong.
*This is not investment advice.
