XRP records highest trading volume on South Korean exchanges

Trading volumes increased across South Korea’s largest cryptocurrency exchanges over the past 24 hours, with XRP recording approximately $56.69 million in activity on Upbit and Bithumb.

Bitcoin followed closely with roughly $56.28 million in trading volume, while Ethereum generated approximately $31.81 million as mainstream crypto assets maintained strong investor participation.

Several altcoins also recorded elevated turnover, including Orca at around $16.31 million, OPEN at $9.12 million, EDEN at $23.39 million and Kaia at approximately $19.42 million.

The rise in trading volumes suggests increasing speculative activity and liquidity across South Korea’s digital asset market, which has historically been one of the world’s most active retail-driven crypto trading regions.

South Korean exchanges have often acted as early indicators of broader retail sentiment shifts in cryptocurrency markets, particularly during periods of strong altcoin momentum and heightened risk appetite among retail traders.

Separate technical analysis data for Dogecoin indicated a “Buy” sentiment based on aggregated trading indicators, with four of five monitored signals reportedly flashing bullish momentum despite broader neutral oscillator readings.

Market participants will continue monitoring whether the increased trading activity on South Korean exchanges translates into sustained liquidity growth and stronger momentum across large-cap and speculative altcoin sectors.

At the time of reporting, XRP price was $1.39.