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Korean crypto trading shows strong local concentration with STX and XRP leading turnover shares.

Market News
08 Nov 2026, 14:43 WIB
Tokenpost
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Korean crypto trading shows strong local concentration with STX and XRP leading turnover shares.

Korean cryptocurrency markets exhibit significant local trading concentration, with tokens like STX and XRP showing much higher turnover shares domestically compared to global markets. STX's Korean trading share is 21.4 times its global share, while XRP accounts for 17.9% of Korean turnover, far exceeding its 1.97% global share. Despite some tokens experiencing price declines, domestic interest remains high, with XRP leading the Korean interest index. Korean exchanges' share of combined turnover with Binance has also increased, indicating growing local market activity. This trend highlights the unique dynamics of Korean crypto trading and its divergence from global patterns.

STX trades at Rp6,046 on Pluang with a 1-day gain of 0.88%, showing strong local interest consistent with its high Korean trading share. XRP is priced at Rp21,029 and up 0.39% in the last day, reflecting continued demand in the region. These figures are current as of Nov 08, 2026 20:02 WIB.

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