XRP emerged as the most traded cryptocurrency on South Korea's leading exchange, Upbit, throughout 2025, according to data from Dunamu, Upbit's operator. This marks a significant preference for XRP over Bitcoin and Ethereum among South Korean investors. The report highlights XRP's dominance in trading volume, driven by its established presence and utility in cross-border payments, aligning with South Korea's trade-heavy economy. Upbit's user base expanded to 13.26 million by the end of 2025, with 1.1 million new users joining during the year. The demographic analysis shows a narrowing gender gap and a concentration of users in their 30s and 40s, indicating that cryptocurrency investing is becoming mainstream among mid-career professionals in South Korea. The most active trading hour was identified as 12:00 a.m. UTC, corresponding to 9:00 a.m. KST, reflecting a significant trading activity at the start of the local business day.
XRP Dominates Upbit as Most Traded Cryptocurrency in 2025
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