XRP has been ranked the most-traded digital asset on South Korea’s top crypto exchange, Upbit. According to data shared, XRP topped trading volume on Upbit, beating Bitcoin and showing growing enthusiasm in the South Korean market.
Upbit remains South Korea’s largest virtual currency exchange, followed by Bithumb, Coinone, DigitalX, GOPAX, and Korbit. Since its launch in 2027, the platform has grown into the largest cryptocurrency exchange by trading volume and is trusted by millions of customers nationwide.
XRP reoccupies top spot on Upbit
According to data released by the analyst, XRP has overtaken Bitcoin in trading volume on the exchange. The altcoin recorded the highest trading volume on Upbit over the past week, outpacing BTC as Korean investors choose to participate more heavily in the Ripple ecosystem.
XRP’s move to surpass Bitcoin as the most-traded crypto asset on the exchange sends a clear message about how Korean customers are interacting with the crypto market. It reflects long-term momentum as traders strategically build active positions in XRP.
Given South Korea’s history of speculative trading, local traders prefer XRP for its rapid settlement, low transaction fees, and strong liquidity. The asset has gained a strong footprint in the Asian country because of its expanding business partnerships with regional financial institutions. It is widely recognized in the jurisdiction and has become a preferred choice for South Korean investors, driven by economic instability. Compared with Bitcoin and Ethereum, XRP is more affordable, and its high liquidity makes it a top choice for investment and trading.
 
XRP demand is on the rise
The data confirms that South Korea’s interest in XRP shows no signs of declining, and global adoption is growing stronger. The altcoin has remained a favorite digital asset in the country since the ICO era in 2017. Even in 2025, the asset emerged as the most traded on Upbit, underscoring its market potential and continued significance in global trading.
This shows strong user engagement, reflected by a sharp XRP price surge. Today, the asset trades at $1.49 and is up 45.6% over the past 30 days, with the catalyst mainly coming from Korean traders driving speculative interest in the token. With steady, strong performance over the past month, this momentum positions XRP to target $2 in the near term.
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