South Korea's leading cryptocurrency exchanges Upbit and Bithumb have seen significant growth in trading volume over the past 24 hours. The surge in trading volume, particularly for some altcoins, shows a spike in investor interest in these projects.
According to Upbit's data, Plasma (XPL) and KAITO topped the list with a significant increase in trading volume. On Bithumb, Tether (USDT) and PumpBTC (PUMP) performed outstandingly. A summary of trading data from both exchanges shows that South Korean investors have shown strong interest in both emerging projects and established cryptocurrencies.
The altcoins with the highest trading volume over the past 24 hours are as follows:
Plasma (XPL) – $346 million (Upbit) KAITO (KAITO) – $289 million (Upbit + Bithumb) Mira (MIRA) – $187 million (Upbit + Bithumb) XRP (XRP) – $178 million (Upbit + Bithumb) Tether (USDT) – $196 million (Upbit + Bithumb) Bitcoin (BTC) – $118 million (Upbit + Bithumb) Ethereum (ETH) – $80 million (Upbit + Bithumb) UXLINK (UXLINK) – $63 million (Upbit) Avantis (AVNT) – $59 million (Upbit) PumpBTC (PUMP) – $59 million (Bithumb) Humanity (H) – $41 million (Bithumb) Solana (SOL) – $23 million (Bithumb) Dogecoin (Doge) – $19 million (Bithumb)
Notably, the trading volumes for relatively new altcoins such as $XPL , $KAITO , and $MIRA are comparable to those of mature crypto assets like XRP and Bitcoin.