Data from South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, over the past 24 hours shows a notable increase in trading volumes, especially for certain altcoins. Compiling data from both exchanges based on the Korean Won exchange rate reveals that local investors are focused on both major cryptocurrencies and specific altcoins.
According to the data, XRP has become one of the most traded altcoins ever on the Korean market, ranking highly on both Upbit and Bithumb. Major cryptocurrencies such as Bitcoin and Ethereum also maintain high trading volumes, while the rise of altcoins such as MOVE, SOL, and SUI indicates a resurgence of speculative interest.
It is also worth noting that some projects that are prominent only on a single exchange are seeing active trading activity locally.
- XRP – approximately $117 million
- Bitcoin (BTC) – approximately $112 million
- Ethereum (ETH) – approximately $88 million
- Tether (USDT) – approximately $87 million
- MOVE – approximately $48 million
- Solana (SOL) – approximately $46 million
- Sui (SUI) – approximately $22 million
- Dogecoin (DOGE) – approximately $22 million
- Axelar (AXL) – approximately $26 million (Upbit only)
- Somnia (SOMI) – approximately $24 million (Upbit only)
- AERGO – approximately $23 million (Upbit only)
- Humanity (H) – approximately $22 million (Bithumb only)
- Pieverse (PIEVERSE) – Approximately $13 million (Bithumb only)
*This is not investment advice.
