On June 22, 2025, XRP, ETH, and BTC secured top positions in trading volume on Upbit, signaling strong interest in these cryptocurrencies in the South Korean market.
Overview of Upbit Trading Volume
Upbit, operated by Dunamu Inc., reported high trading volume for XRP/KRW, ETH/KRW, and BTC/KRW pairs. These assets continue to lead, reflecting stable demand in South Korea.
Cryptocurrency Market in South Korea
CoinGecko data shows a trading volume of $1.634 billion on June 22, with XRP maintaining the lead. As noted, 'XRP, ETH, and BTC have secured the top three positions in the 24-hour trading volume ranking on Upbit, highlighting their dominance in the Korean market…' (CITE_NA). Community discussions center on regional interest in XRP due to speculative trading and price movements.
Outlook for the Cryptocurrency Market
Historically, XRP, ETH, and BTC have been top assets on Upbit, with sporadic inclusion of other tokens like SOPH and ME. These events emphasize stable demand for large-cap cryptos, guiding market strategies in Korea. Projected outcomes for the crypto market include the continued dominance by leading assets, considering historical patterns and South Korea's trading preferences for Layer 1 assets.
The trading volume of XRP, ETH, and BTC on Upbit demonstrates ongoing interest in large cryptocurrencies in Korea, potentially signaling further dominance of these assets in the local market.
