COINOTAG News reports that on May 24th, Upbit demonstrated notable trading activity, with a **trading volume** surpassing **$24.69 billion** within a single day. The **XRP/KRW trading pair** emerged as the leader in the **Korean won (KRW)** market, capturing approximately **11.25% of the total volume**. This highlights XRP’s strong demand amidst a competitive landscape. Additionally, the top trading pairs included **Bitcoin (BTC)**, **Ethereum (ETH)**, **Dogecoin (DOGE)**, and **STMX**, indicating a diverse interest among traders in various **cryptocurrencies**. Such trading dynamics underscore the growing prominence of digital assets in the financial ecosystem, with platforms like Upbit playing a pivotal role in the liquidity of the cryptocurrency markets. Investors should closely monitor these trends, as they may influence market behaviors and trading strategies for the foreseeable future.
Source: https://en.coinotag.com/breakingnews/xrp-dominates-korean-market-as-upbit-records-24-69-billion-trading-volume/