Cryptocurrency Market Heats Up, Upbit Daily Trading Volume Surges by 80%, XRP Still the Favorite Among South Korean Investors

BlockBeats News, March 17, as the cryptocurrency market rebounds, Korean investors are also showing a trend of moving funds from the stock market to the crypto market. According to CoinGecko data, the largest Korean crypto CEX, Upbit, had a 24-hour trading volume of $25.43 billion, a daily increase of 81.7%.

The data shows that the most actively traded asset on Upbit is still XRP, accounting for 18.07% of the trading volume. XRP's recent performance has also outperformed other altcoins, with a weekly gain of 11%.