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Upbit sees $830M trading hour led by XRP surge as Korean crypto activity rebounds

Market News
23 Aug 2026, 18:33 WIB
Coinpaper
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Bullish
Upbit sees $830M trading hour led by XRP surge as Korean crypto activity rebounds

South Korea's largest crypto exchange, Upbit, recorded $830 million in trading volume in one hour, driven mainly by XRP and the TRUMP meme coin. The 24-hour volume surged to $3.81 billion, marking a strong return of retail crypto trading after months of decline. XRP led with over 32% of the volume, boosted by regulatory talks and institutional interest, while TRUMP and stablecoins also saw significant activity. This rebound signals renewed risk appetite among Korean investors, though the sustainability of this rally remains uncertain.

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