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XRP Surges to Top Spot on Upbit with $8 Billion in Trading Volume

Guavy AI Editorial Team
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Upbit's trading volume has surged to $8 billion in the past week, with XRP taking the top spot among actively traded assets.

The exchange posted a weekly trading volume of 11.2 trillion won, a 6.74% increase from the previous week, according to recent data.

XRP dominated the hierarchy on Upbit, followed closely by Bitcoin and USDT in second and third place respectively.

Korean traders have consistently shown a preference for XRP/KRW pairs over BTC/KRW and dollar-based stablecoins, with XRP capturing the largest share of volume spikes during periods of heightened activity.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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