Upbit and Bithumb, South Korea’s largest cryptocurrency exchanges, have seen a notable increase in trading volume over the past 24 hours. Some altcoins observed heavy trading, mainly by local investors.
According to market data, trading traffic for Bitcoin and major altcoins against the Korean Won (KRW) pair was strong. Analysts noted that this surge in volume could be related to general crypto optimism in Asian markets.
Here are the cryptocurrencies with the highest trading volume in the past 24 hours and their trading volumes.
- Bitcoin (BTC) – $493 million
- XRP (XRP) – $306 million
- Ethereum (ETH) – $215 million
- Dreams (Somi) – $160 million
- Solana (SOL) – $148 million
- Tether (USDT) – $137 million
- Dogecoin (DOGE) – $136 million
- OpenLedger (OPEN) – $124 million
- Even (Even) – $98 million
- Plasma (XPL) – $85 million
The total trading volume of the top 10 cryptocurrencies exceeded $1.8 billion. The addition of new altcoins like Somnia (SOMI) and Open Ledger (OPEN) to the list shows the growing interest in alternative projects among Korean investors. Bitcoin trading around $125,000 has had a positive impact on overall market sentiment, driving trading volumes on exchanges to record levels.
*This is not investment advice.
