Here Are the Most Traded Altcoins in South Korea Right Now

Upbit, one of the world’s largest cryptocurrency exchanges and the largest in South Korea, has experienced extraordinary trading volumes for several altcoins yesterday.

Despite Bitcoin’s dominance in the global crypto market, it appears at the bottom of the trading volume chart, while other altcoins are seeing significant activity. The altcoin AUCTION led the charge with $758.46 million in trading volume, representing 28.47% of the total exchange volume.

It was followed by ORCA, with $423.04 million, making up 15.88% of the total. XRP continued to capture significant attention, recording $191.27 million in trading volume, or 7.18% of the overall total. Other notable altcoins included ZETA, with $143.82 million, and ZRO, with $140.80 million.

Bitcoin, typically the most traded cryptocurrency, only accounted for $41.62 million, which is just 1.56% of the total volume on Upbit.

READ MORE:

Bitcoin Faces Uncertainty as Tariffs and Interest Rates Weigh on Markets

Interestingly, XRP continues to see strong interest on South Korean exchanges. In another development, Bithumb, South Korea’s second-largest exchange, announced the listing of Across Protocol (ACX), a new altcoin that saw a notable increase in both trading volume and price, with its value climbing by about 10% on the same day.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.