South Korea Sees Surge in Crypto Trading Volume, XRP Hits $86.5 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Volume Surge: In the past 24 hours, trading volumes on South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, have surged sharply, with XRP reaching approximately $86.5 million, indicating strong interest from South Korean investors in specific projects.
- Local Momentum: This concentrated increase in trading volume, primarily in Korean won, suggests the emergence of local momentum independent of global markets, potentially attracting more investors to the region.
- Top Token Performance: Notable tokens like Hyperlane and DeepBook have also shown impressive trading volumes of approximately $52.7 million and $38.0 million respectively, reflecting market recognition and enthusiasm for emerging projects.
- Market Trends: As trading volumes rise, the activity level in the South Korean crypto market is increasing, which may encourage more investor participation and further drive the development of the region's cryptocurrency ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
