![\"Upbit's](\"https:\/\/s.yimg.com\/lo\/mysterio\/api\/64F836894D2E41483C45EE412B37D195CF8D22E72163A640E0F090C5BD7B7DB1\/subgraphmysterio\/resizefit_w960;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Fbeincrypto_us_662%2F36ec067d7f353cb410203f06d1276973.png\")
<\/a> Upbit’s trading volume distribution over the past 24 hours was led by XRP at 32.20%. Source: Upbit Datalab What Drove Upbit’s Record Hourly Volume <\/p>\nXRP led the charge by a wide margin. The token accounted for 32.20% of Upbit’s 24-hour trading volume, ranking first among all traded assets, according to Upbit Datalab. <\/p>\n
TRUMP ranked second on the exchange, contributing 10.93% of total volume. USDT followed in third place with 8.39%, while Ethereum and Bitcoin rounded out the top five at 5.44% and 5.40%, respectively. <\/p>\n
Upbit’s total 24-hour trading volume reached approximately $3.81 billion, while rival exchanges Bithumb and Coinone recorded $1.954 billion and $172 million, respectively. <\/p>\n
Saturday’s spike was not an isolated event. On August 21, Upbit’s daily volume had already jumped 273% to roughly $1.84 billion, marking the exchange’s highest daily volume since mid-March. <\/p>\n
Follow us on X\u00a0to get the latest news as it happens. <\/p>\n
XRP topped that session too, contributing $418.9 million and ranking ahead of Bitcoin, USDT, and ETH. Bithumb recorded a similar increase that day, with volume climbing 132.9% to about $934.9 million. <\/p>\n
Why the Rebound Follows Months of Weaker Activity <\/p>\n
That earlier rebound followed months of weaker trading, as South Korean investors favored domestic equities while the KOSPI climbed to record highs on AI-driven semiconductor demand. Upbit and Bithumb both reported declines in operating revenue of nearly 50% during the first half of 2026. <\/p>\n
XRP traded near $1.44 at the time of writing, according to BeInCrypto data, up 2.1% over the past 24 hours despite an intraday flash crash and up nearly 50% over the past week. The token’s rally followed Ripple’s backing of a major XRP Ledger amendment, alongside strong ETF inflows. <\/p>\n
That gain remains positive despite a brutal 37% flash crash earlier in the day, which briefly pushed XRP as low as $1.36 before it recovered, liquidating hundreds of millions in leveraged positions along the way. <\/p>\n
TRUMP held its gains more cleanly. The token traded near $2.34, up 26% in 24 hours and more than 66% over the past week. Its all-time low of $1.37 came just nine days ago, on August 13. <\/p>\n
Subscribe to our YouTube\u00a0channel to watch leaders and journalists provide expert insights. <\/p>\n
Speculation around a Robinhood Chain launch has fueled renewed interest in the token, alongside a broader recovery across Solana-based meme assets. Whether this two-day streak marks a lasting rotation back into crypto or another short-lived wave, as seen repeatedly this year, remains an open question for South Korean traders. <\/p>\n Read the Original story $830 Million in an Hour: XRP and TRUMP Drive New Record in South Korea<\/a> by Luis Blanco at beincrypto.com<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"South Korea’s Upbit recorded 1.15 trillion won, roughly $830 million, in trading volume within a single hour on…\n","protected":false},"author":2,"featured_media":128816,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[65819,31,33,6743,23715,1722,65818,11324],"class_list":["post-128815","post","type-post","status-publish","format-standard","has-post-thumbnail","category-south-korea","tag-daily-volume","tag-korea","tag-south-korea","tag-south-koreans","tag-trading-volume","tag-trump","tag-upbit-datalab","tag-xrp"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/128815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=128815"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/128815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/128816"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=128815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=128815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=128815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}