South Korea Altcoin Trading Volume Soars on Upbit & Bithumb
In the past 24 hours, South Korea altcoin trading volume on Upbit and Bithumb surged across 15 tokens, reflecting heightened domestic demand. Three coins—0G, XRP and USDT—each recorded volumes exceeding $200 million, while Ethereum and Bitcoin also saw robust volumes of $155 million and $141.5 million respectively. Other notable gainers included Filecoin ($152.6M), Solana ($82M), Dogecoin ($47.2M), Virtuals Protocol ($119.9M on Upbit), Mina Protocol, Livepeer and AltLayer. Overall, this rally underscores rising liquidity and investor interest in South Korea’s crypto market.
Bullish
The surge in South Korea altcoin trading volume across both major tokens and smaller projects indicates growing liquidity and investor demand, a bullish signal for these cryptocurrencies. In the short term, increased volume can drive price momentum as traders capitalize on heightened activity. Over the long term, sustained high turnover may attract further institutional interest and foster market stability, supporting continued price gains.