South Korea's largest cryptocurrency exchange, Upbit, has seen a significant increase in trading volumes for several altcoins in the past 24 hours.
Increase in Trading Volumes on Upbit
Upbit has witnessed a substantial user interest in crypto assets such as XRP, Pocket Network (POKT), and Ravencoin (RVN). XRP continues to hold its leadership position, while relatively smaller projects like POKT and RVN have also gained trader attention.
Trading Volumes for Altcoins
According to the latest data, here is the list of altcoins with the highest trading volumes on Upbit over the last 24 hours:
1. XRP – $86.5 million 2. Pocket Network (POKT) – $77.4 million 3. Ravencoin (RVN) – $72 million 4. Bitcoin (BTC) – $60.5 million 5. Ethereum (ETH) – $57.3 million 6. Threshold Network (T) – $44.3 million 7. Axelar (AXL) – $38.5 million 8. Status (SNT) – $36.7 million 9. Solana (SOL) – $30.8 million 10. Tether (USDT) – $30.3 million 11. Animecoin (ANIME) – $25.2 million 12. Dogecoin (DOGE) – $23.7 million 13. Sophon (SOPH) – $22 million 14. Nexpace (NXPC) – $21.1 million 15. Sui (SUI) – $19.3 million.
Summary of Recent Changes
With the growing interest in cryptocurrencies, analysts note that such fluctuations in trading volumes signal possible market changes. As altcoins become more popular, traders will closely monitor their performance.
The overall picture on Upbit confirms an increasing interest in altcoins. XRP, POKT, and RVN have captured attention, which may indicate trends in the market.
