XRP has simply achieved a significant milestone, formally surpassing Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) by way of buying and selling quantity. In response to a brand new report, the altcoin has grow to be the most traded asset in all of South Korea, highlighting sturdy adoption, demand, and liquidity. This newest improvement underscores the token’s rising dominance in one of many world’s most energetic crypto markets, at the same time as broader circumstances stay unstable.
XRP Outpaces Bitcoin, Ethereum, And Dogecoin As Most Traded Asset
XRP has posted a notable win in one of many world’s most energetic crypto markets. New knowledge from Upbit, one among South Korea’s largest crypto exchanges, exhibits the asset outpacing Bitcoin, Ethereum, and Dogecoin in buying and selling quantity all through 2025. Market analyst XFinanceBull highlighted this new achievement in a latest X publish after reviewing Upbit’s buying and selling knowledge for 2025.
In response to the analyst, the altcoin was confirmed as essentially the most traded digital asset on Upbit. The rating was primarily based on quantity, liquidity, and precise utilization somewhat than value motion. XRP buying and selling pairs constantly led the platform, with the XRP/KRW pair taking the primary place for a lot of the 12 months. Bitcoin adopted in second place, Ethereum ranked third, USDT got here fourth, and Dogecoin positioned fifth by buying and selling quantity.
Notably, the figures had been formally verified by Dunamu, the operator of Upbit, on January 2, 2026. On a year-over-year foundation, Upbit processes greater than $1 trillion in buying and selling quantity and accounts for greater than 70% of South Korea’s whole crypto market. This positions Upbit because the nation’s largest crypto trade and makes it a dependable indicator of utilization traits and actual retail and institutional demand.
XFinanceBull emphasised that South Korea tends to commerce belongings with clear real-world use instances and robust liquidity. Due to this, regular buying and selling quantity signifies a cryptocurrency is actively getting used out there, not simply pushed by short-term hypothesis. The analyst added that XRP’s continued use creates a pull impact, drawing in additional capital as liquidity improves.
In established markets like South Korea, belongings that carry out nicely usually tend to entice constant, long-term participation, which may positively affect costs. Following the latest improvement, XFinanceBull strengthened his bullish stance on the altcoin and said he plans to build up much more of the cryptocurrency.
Upbit’s Report On XRP’s Efficiency
Upbit’s 2025 knowledge exhibits that the altcoin constantly accounted for between 15% and 22% of the trade’s each day buying and selling exercise, throughout a complete annual buying and selling quantity of $1 trillion. As talked about earlier than, XRP/KRW was ranked the highest buying and selling pair for that 12 months. Its each day quantity peaked at $1.22 billion in July 2025, demonstrating sustained retail-driven liquidity and steady help.
When it comes to liquidity, XRP outperformed BTC and ETH a number of occasions. By year-end, Korean exchanges had gathered round 570 million XRP, reinforcing the token’s position as a major transactional and financial asset within the nation. Person knowledge additionally exhibits Upbit serves about 13.26 million customers, nearly one in 4 individuals in South Korea. The biggest age group is customers of their 30s, making up roughly 28.7% of the trade.
Featured picture from Freepik, chart from Tradingview.com
Editorial Course of for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent assessment by our crew of high expertise specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
