Upbit and Bithumb, South Korea’s two largest cryptocurrency exchanges, have seen a remarkable increase in trading volume over the past 24 hours. The increased volume was particularly noticeable in major altcoins, especially XRP.
When spot market data from both exchanges are combined, XRP is seen to have reached by far the highest volume. On the stablecoin side, USDT, and among the majors, Bitcoin and Ethereum stood out with high volume; while some mid-sized and speculative tokens also saw significant increases.
Here are the cryptocurrencies with the highest total trading volume in the last 24 hours, according to Upbit and Bithumb
- XRP – $1.20 billion
- Tether (USDT) – $254.35 million
- Bitcoin (BTC) – $284.97 million
- Ethereum (ETH) – $304.41 million
- Dogecoin (DOGE) – $122.38 million
- Solana (SOL) – $106.11 million
- Pepe (PEPE) – $50.86 million
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On Upbit, XRP accounted for approximately 33% of the total volume with $741.6 million. Ethereum recorded a transaction volume of $179.7 million, while Bitcoin reached $152.5 million. Dogecoin ($89.8 million) and Solana ($64.2 million) also stood out.
Strong volume growth was also seen in more niche projects such as Kite ($61.2 million), Story ($44 million), QuarkChain ($36.6 million), and zkPass ($32.3 million).
On Bithumb, XRP also took the lead with $461.2 million. USDT rose to second place with $209.9 million, while Bitcoin recorded a volume of $132.4 million and Ethereum $124.6 million.
Significant activity was also observed in altcoins such as Humanity ($20.8 million), Bitlayer ($20.7 million), and Worldcoin ($19.1 million).
*This is not investment advice.
Continue Reading: Altcoins Experiencing a Surge in Trading Volume in South Korea Revealed – XRP at the Top, Here’s the Full List
Source: https://en.bitcoinsistemi.com/altcoins-experiencing-a-surge-in-trading-volume-in-south-korea-revealed-xrp-at-the-top-here-s-the-fu/
