XRP has simply achieved a serious milestone, formally surpassing Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) by way of buying and selling quantity. In line with a brand new report, the altcoin has grow to be the most traded asset in all of South Korea, highlighting robust adoption, demand, and liquidity. This newest improvement underscores the token’s rising dominance in one of many world’s most energetic crypto markets, at the same time as broader situations stay unstable.
XRP Outpaces Bitcoin, Ethereum, And Dogecoin As Most Traded Asset
XRP has posted a notable win in one of many world’s most energetic crypto markets. New information from Upbit, one in all South Korea’s largest crypto exchanges, reveals the asset outpacing Bitcoin, Ethereum, and Dogecoin in buying and selling quantity all through 2025. Market analyst XFinanceBull highlighted this new achievement in a current X submit after reviewing Upbit’s buying and selling information for 2025.
In line with the analyst, the altcoin was confirmed as probably the most traded digital asset on Upbit. The rating was primarily based on quantity, liquidity, and precise utilization reasonably than worth motion. XRP buying and selling pairs constantly led the platform, with the XRP/KRW pair taking the primary place for many of the yr. Bitcoin adopted in second place, Ethereum ranked third, USDT got here fourth, and Dogecoin positioned fifth by buying and selling quantity.
Notably, the figures have been formally verified by Dunamu, the operator of Upbit, on January 2, 2026. On a year-over-year foundation, Upbit processes greater than $1 trillion in buying and selling quantity and accounts for greater than 70% of South Korea’s whole crypto market. This positions Upbit because the nation’s largest crypto alternate and makes it a dependable indicator of utilization developments and actual retail and institutional demand.
XFinanceBull emphasised that South Korea tends to commerce property with clear real-world use circumstances and robust liquidity. Due to this, regular buying and selling quantity signifies a cryptocurrency is actively getting used available in the market, not simply pushed by short-term hypothesis. The analyst added that XRP’s continued use creates a pull impact, drawing in additional capital as liquidity improves.
In established markets like South Korea, property that carry out nicely usually tend to entice constant, long-term participation, which may positively impression costs. Following the current improvement, XFinanceBull bolstered his bullish stance on the altcoin and acknowledged he plans to build up much more of the cryptocurrency.
Upbit’s Report On XRP’s Efficiency
Upbit’s 2025 information reveals that the altcoin constantly accounted for between 15% and 22% of the alternate’s each day buying and selling exercise, throughout a complete annual buying and selling quantity of $1 trillion. As talked about earlier than, XRP/KRW was ranked the highest buying and selling pair for that yr. Its each day quantity peaked at $1.22 billion in July 2025, demonstrating sustained retail-driven liquidity and secure assist.
When it comes to liquidity, XRP outperformed BTC and ETH a number of occasions. By year-end, Korean exchanges had collected round 570 million XRP, reinforcing the token’s function as a main transactional and financial asset within the nation. Consumer information additionally reveals Upbit serves about 13.26 million customers, virtually one in 4 individuals in South Korea. The most important age group is customers of their 30s, making up roughly 28.7% of the alternate.
Featured picture from Freepik, chart from Tradingview.com
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