South Korean Exchanges Report High Altcoin Trading Volumes Led by XDP and KAIA
Crypto News reports Upbit and Bithumb saw surging altcoin volumes in 24 hours, with XDP, KAIA, XRP, CFX, and NEAR leading.
Why it matters
The concentration of volume in specific altcoins on South Korean exchanges may reflect localized retail interest or targeted trading activity, but with only one source reporting, the broader market significance is limited.
Key facts
Upbit and Bithumb recorded remarkable trading volumes in some altcoins over the past 24 hours
Reported by Crypto News (CryptoNews.net)
XDP transactions accounted for approximately 19.44% of Bithumb's total spot trading volume
19.44 %Reported by Crypto News (CryptoNews.net)
XRP, Conflux (CFX), and NEAR Protocol (NEAR) stood out on Upbit
Reported by Crypto News (CryptoNews.net)
What happened
Crypto News reported that South Korea's two largest cryptocurrency exchanges, Upbit and Bithumb, recorded elevated trading volumes across 15 altcoins over a 24-hour period. Doppler Finance (XDP) led on Bithumb, while XRP, Conflux (CFX), and NEAR Protocol (NEAR) were notable on Upbit. Kaia (KAIA) showed strong volume on both exchanges. The data comes from a single aggregator source and has not been independently verified by other outlets.
How the story developed
- First report
First report by Crypto News (CryptoNews.net)
15 Altcoins Experiencing a Surge in Trading Volume in South Korea Have Been Identified
- Update
Crypto News publishes 24-hour altcoin volume data for South Korean exchanges
Report identifies 15 altcoins with surging volume on Upbit and Bithumb
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Crypto News (CryptoNews.net) Aggregator | 15 Altcoins Experiencing a Surge in Trading Volume in South Korea Have Been Identified | Original |
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