Kaiko, which provides analytics for the crypto industry, South Korea’sThe coin with the most trading volume XRPas declared.
Kaiko has recently attracted attention with an analysis of the crypto market. Kaiko, who has been reporting on behalf of altcoins in the crypto market since the beginning of 2023, of XRP stated that it is the leader in terms of popularity. Kaiko’s report reveals that Korea’s four largest crypto exchanges and Coinbase also includes. Analyzing the data in the report, XRP was the most popular cryptocurrency in South Korea by trade volume this year.
Data in Kaiko’s Report Revealed
According to data from the Kaiko report, of XRP Trading volume on the four largest crypto exchanges in South Korea appears to have reached a value of $16 billion since the start of the year. This value includes Nano (XNO) and Dogecoin ( DOGE ) is more than three times its volume. in the last weeks SECXRP, which draws attention with its developments in the case and its price increase, has received serious attention by South Korea.
Recall that XRP surpassed Bitcoin in trading volume on these exchanges last month. The asset has seen over half a billion dollars in 24-hour volume on UpBit alone. XRPThis intriguing increase in trading volume came just after XRP’s short-term price rally that started on March 21.
