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Upbit hits $830M trading volume in an hour, led by XRP and TRUMP surge in South Korea

Market News
22 Aug 2026, 21:37 WIB
BeInCrypto
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Bullish
Upbit hits $830M trading volume in an hour, led by XRP and TRUMP surge in South Korea

South Korea's Upbit exchange recorded a massive $830 million in trading volume within a single hour, driven mainly by XRP and TRUMP tokens. This spike follows a 273% daily volume increase on August 21, marking a rebound after months of weaker activity. XRP accounted for 32.20% of the 24-hour volume, with TRUMP and USDT following. The surge reflects renewed investor interest amid Ripple's XRP Ledger update and speculation around Robinhood Chain, though it remains uncertain if this marks a lasting crypto market recovery in South Korea.

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