<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/upbit-captivates-with-record-trading-volume" data-wpel-link="internal" rel="noopener noreferrer nofollow">Upbit Captivates with Record Trading Volume</a><br></p>
<p style="text-align: justify">The South Korean cryptocurrency exchange Upbit has recently garnered significant attention for its impressive trading volume, reaching $20.84 billion within just 24 hours. Data from CoinGecko reveals that the <a href="https://en.bitcoinhaber.net/sec-may-challenge-ripple-court-ruling" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a>/KRW trading pair led the market, making up 18.26% of this total volume. Other noteworthy pairs included AUCTION, LOOM, <a href="https://en.bitcoinhaber.net/bitcoin-the-future-of-sustainable-wealth-according-to-a-canadian-visionary" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>, and UXLINK.</p>
<h2 style="text-align: justify" id="strong-why-is-xrp-krw-so-popular-strong"><strong>Why is XRP/KRW So Popular?</strong></h2>
<p style="text-align: justify"><a href="https://en.bitcoinhaber.net/will-xrp-and-ethereum-price-rise-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a>’s XRP has emerged as a top choice among traders in South Korea. The XRP/KRW pair achieved the highest trading volume on Upbit, reflecting a strong interest in XRP from local investors. This enthusiasm from retail investors significantly boosts XRP’s status in the region.</p>
<h2 style="text-align: justify" id="strong-what-about-auction-loom-and-uxlink-strong"><strong>What About AUCTION, LOOM, and UXLINK?</strong></h2>
<p style="text-align: justify">Following XRP’s dominance, the AUCTION and LOOM altcoins are also experiencing a surge in trading activity. AUCTION, linked to Bounce Finance, became the second most traded cryptocurrency on Upbit, capturing 10.31% of the trading volume. Meanwhile, LOOM, compatible with Ethereum, accounted for 7.42% of the total volume, showcasing renewed investor interest.</p>
<ul>
 <li>Upbit’s trading volume reached an extraordinary $20.84 billion.</li>
 <li>XRP/KRW was the leading trading pair with 18.26% of total volume.</li>
 <li>AUCTION and LOOM also saw substantial trading activity, indicating diverse investor interests.</li>
 <li>The South Korean won’s liquidity supports robust trading for XRP and altcoins.</li>
</ul>
<p style="text-align: justify">The remarkable trading volume at Upbit highlights the growing engagement of South Korean investors in the cryptocurrency market, signaling a vibrant trading environment fueled by various cryptocurrencies, including XRP, AUCTION, and LOOM, which continue to captivate the attention of traders in the region.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/upbit-captivates-with-record-trading-volume" data-wpel-link="internal" rel="noopener noreferrer nofollow">Upbit Captivates with Record Trading Volume</a></h5>

Upbit Captivates with Record Trading Volume

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