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XRP Surges Past Bitcoin, Ether on Major South Korean Exchange
MissedBlock Desk · · 1 min read
Updated
XRP Surges to Top of Upbit’s Spot Trading Volume, Outpacing Bitcoin and Ether
In a notable shift in cryptocurrency trading activity, XRP has claimed the top spot for spot trading volume on the South Korean exchange Upbit, surpassing both Bitcoin and Ether. This surge in trading occurred across snapshots taken more than seven hours apart, even as XRP’s price experienced a subsequent decline.
Trading Volume Analysis
The initial data, circulating yesterday evening U.S. time, revealed Upbit’s top three spot trading pairs by 24-hour volume:
- XRP/KRW: $145.57 million, representing 11.74% of Upbit’s total volume.
- BTC/KRW: $126.50 million…