Upbit and Bithumb, two of South Korea’s largest cryptocurrency exchanges, have seen significant increases in trading volume for some altcoins over the past 24 hours.

The volume, concentrated particularly in $XRP, $ONDO, INFINIT, and various low-market-cap altcoins, indicated a renewed interest of South Korean investors in the altcoin market.

According to the data, the highest altcoin trading volume on Upbit was recorded by $XRP with approximately $90.5 million, while strong trading activity was also observed in projects such as $ONDO, $NEAR Protocol, $SOON, and INFINIT.

When data from the two exchanges were combined, $XRP emerged as the altcoin with the highest total trading volume by far. $ONDO and INFINIT were also among the projects generating high volume on both exchanges.

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The top altcoin trading volumes on Upbit and Bithumb over the last 24 hours are as follows:

  1. $XRP — $126.3 million
  2. Ondo — $96.4 million
  3. INFINIT — $43.4 million
  4. $NEAR Protocol — $43.6 million
  5. $SOON — $42 million
  6. GMT — $34.2 million
  7. ZTX — $28.4 million
  8. Wrapped NCG — $25.6 million
  9. ArchLoot — $21.4 million
  10. SuperVerse — $21.1 million
  11. Worldcoin — $18.1 million
  12. Sui — $18.5 million
  13. OpenEden — $16.3 million
  14. Metal DAO — $16.5 million
  15. ROACORE — $11.6 million

*This is not investment advice.