Upbit Sees Surge in PUNDIX, XRP, STPT Trading Volumes
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 05 2025Surge in Trading Volumes: Pundi X (PUNDIX), XRP, and STPT have emerged as the top three tokens by trading volume on Upbit in early May 2025, with XRP leading at $239 million, indicating a shift in investor interest towards these altcoins over Bitcoin and Ethereum.
Market Dynamics and Investor Behavior: The increase in trading activity reflects a change in liquidity preferences among South Korean investors, although there are no significant structural changes or coordinated actions from project leaders or regulatory bodies following this surge.
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.
