XRP spot volume tops Bitcoin and Ethereum on Upbit for second day
Image: Crypto BriefingXRP led spot trading volume on South Korea's Upbit for a second consecutive day. On October 15, XRP/KRW volume was approximately $145.57 million, ahead of Bitcoin at $126.50 million and Ethereum at $92.09 million. On October 16, XRP volume reached $108.3 million, compared with $95.3 million for Bitcoin and $62.7 million for Ethereum. XRP traded around $1.34 during the stretch and slipped modestly even as volume climbed.
Key points
- Upbit is South Korea's largest cryptocurrency exchange.
- XRP led spot trading volume on South Korea's Upbit for a second consecutive day.
Why it matters
South Korea's Financial Intelligence Unit blocked access to 27 offshore exchanges, pushing more trading toward domestic venues like Upbit. Upbit has accounted for about 15% of global XRP spot volume in recent periods.
Price context · XRP
At publication
$1.31
Now
$1.29
Change since
−1.53%
7 days · dashed line = publication
Sources · 2 publishers
U.Today
Tier 2
XRP Trading Volume Surpasses Bitcoin and Ethereum in South Korea
Coverage timeline
- First reported by Crypto Briefing
- Also reported by U.Today
- CryptoVideos brief published
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