XRP Dominates Upbit Trading Volume, Accounting for 16.85% Despite 37.7% Decline

By: en coinotag|2025/05/14 11:45:06
0
Share
copy
As of May 14th, recent data from CoinGecko highlights that Upbit, a leading cryptocurrency exchange, has experienced a significant trading volume of $2.845 billion over the past 24 hours. This figure represents a steep decline of 37.7% in trading activity. Notably, the XRP/KRW trading pair dominates this volume, constituting 16.85% of total trades and securing its position as the top pair in the South Korean market. Following XRP, the leading pairs include Ethereum (ETH) , KAITO , Dogecoin (DOGE) , and Bitcoin (BTC) . This trading landscape reflects a dynamic shift in market trends, underscoring the importance of adaptability for investors navigating the ever-evolving cryptocurrency market .

You may also like

The flow of stablecoins and the spillover effects in the foreign exchange market

Research has found that an exogenous increase in net inflows of stablecoins significantly widens the price deviation between stablecoins and traditional foreign exchange, leads to depreciation of the local currency, and worsens the financing conditions for synthetic dollars (i.e., increases the doll...

After two years, Hong Kong's first batch of stablecoin licenses finally issued: HSBC, Standard Chartered make the cut

The regulated entity is set to launch a stablecoin in the first half of this year.

The person who helped TAO rise by 90% has now single-handedly crashed the price again today

As long as people are around, the story continues. But once they're gone, you may not even find a worthy opponent to play against.

3-Minute Guide to Participating in the SpaceX IPO on Bitget

Bitget IPO Prime brings a rare opportunity for global users to participate in world-class unicorn IPOs, allowing ordinary users to equally access the potential economic benefits of top-tier IPOs.

Top 5 Cryptos to Buy in 2026 Q1: A ChatGPT Deep Dive Analysis

Explore the top 5 cryptos to buy in Q1 2026 including BTC, ETH, SOL, TAO, and ONDO. See price outlooks, key narratives, and institutional catalysts shaping the next market move.

How to Earn $15,000 with Idle USDT Before Altcoin Season 2026

Wondering if altcoin season is coming in 2026? Get the latest market update, and learn how to turn your idle stablecoins waiting for entry into extra rewards up to 15,000 USDT.

Popular coins

Latest Crypto News

Read more