In South Korea, where the cryptocurrency population is dense, the increase in transaction volume in some altcoins attracted attention.
South Korea’s two largest cryptocurrency exchanges, Upbit and Bithumb, have seen significant increases in trading volume for several altcoins over the past 24 hours. This surge in volume, particularly concentrated in Korean won (KRW) pairs, suggests renewed interest from local investors.
According to Upbit data, Virtuals Protocol (VIRTUAL) was the most traded crypto asset on the exchange with $119.9 million in volume, while Tether (USDT) topped Bithumb with $103.2 million. The volume jumps in altcoins like XRP, Mina Protocol, and Livepeer were particularly notable.
Here is the list of altcoins seeing high trading volume on the two exchanges:
