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South Korean Traders Flock to XRP, TRUMP as Upbit Volume Exceeds $3.3 Billion


by Maxwell Mutuma
for CoinEdition
XRP Sees High Volume on Upbit Amid $3.3B+ Exchange Surge
  • XRP dominates Upbit’s trading, with $367 million in volume and strong liquidity.
  • Trump Coin sees major traction, contributing 16.45% of Upbit’s total volume.
  • Bitcoin Gold surges 57.5%, highlighting strong price momentum among altcoins.

Trading activity surged on South Korea’s top crypto exchange, Upbit, with XRP gaining notable traction among local traders. The platform recorded a 24-hour trading volume of over $3.3 billion, despite an 8.2% dip compared to the previous day. 

This sharp increase in volume has placed XRP among the top-traded assets, underlining its strong appeal among Korean traders. With a solid Trust Score of 8 out of 10, Upbit continues to attract high-volume trading in both popular and newly-listed digital assets.

Why is XRP Seeing High Volume on Upbit?

XRP particularly stood out in Upbit’s spot markets. The XRP/KRW pair generated over $367 million volume (over 11% of total activity), per Coingecko data.

Priced at $2.15, XRP maintained a tight 0.06% spread and showed strong liquidity. Buy-side depth at +2% stood at over $1 million, while the sell-side hit $2.67 million, signaling active movement and investor confidence.

Relate…

The post South Korean Traders Flock to XRP, TRUMP as Upbit Volume Exceeds $3.3 Billion appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsSouth Korean...

South Korean Traders Flock to XRP, TRUMP as Upbit Volume Exceeds $3.3 Billion


by Maxwell Mutuma
for CoinEdition
XRP Sees High Volume on Upbit Amid $3.3B+ Exchange Surge
  • XRP dominates Upbit’s trading, with $367 million in volume and strong liquidity.
  • Trump Coin sees major traction, contributing 16.45% of Upbit’s total volume.
  • Bitcoin Gold surges 57.5%, highlighting strong price momentum among altcoins.

Trading activity surged on South Korea’s top crypto exchange, Upbit, with XRP gaining notable traction among local traders. The platform recorded a 24-hour trading volume of over $3.3 billion, despite an 8.2% dip compared to the previous day. 

This sharp increase in volume has placed XRP among the top-traded assets, underlining its strong appeal among Korean traders. With a solid Trust Score of 8 out of 10, Upbit continues to attract high-volume trading in both popular and newly-listed digital assets.

Why is XRP Seeing High Volume on Upbit?

XRP particularly stood out in Upbit’s spot markets. The XRP/KRW pair generated over $367 million volume (over 11% of total activity), per Coingecko data.

Priced at $2.15, XRP maintained a tight 0.06% spread and showed strong liquidity. Buy-side depth at +2% stood at over $1 million, while the sell-side hit $2.67 million, signaling active movement and investor confidence.

Relate…

The post South Korean Traders Flock to XRP, TRUMP as Upbit Volume Exceeds $3.3 Billion appeared first on Coin Edition.

Read the article at CoinEdition

Read More

CME XRP Futures Launch May 19: Micro & Standard Contracts Offered

CME XRP Futures Launch May 19: Micro & Standard Contracts Offered

CME Group’s move to launch XRP futures, set for May 19th pending final regulatory app...
Crypto Christopher: These 5 Altcoins Show Strong Pre-Bull Run Signs

Crypto Christopher: These 5 Altcoins Show Strong Pre-Bull Run Signs

The crypto market appears to be finding its footing again after a rough patch that in...