XRP Emerges as Upbit's Most Traded Cryptocurrency in 2025 with 13.26 Million Users
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Market Dominance: In 2025, XRP maintained its leading trading volume on Upbit, surpassing Bitcoin and Ethereum, showcasing a strong preference in the South Korean market that reflects its utility in cross-border payments and market demand.
- Significant User Growth: Upbit attracted 1.1 million new users in 2025, reaching a total of 13.26 million registered users, indicating that cryptocurrency trading is becoming a mainstream financial activity in South Korea, even amidst a maturing regulatory environment.
- Peak Trading Hour: Analysis reveals that 12:00 a.m. UTC (9:00 a.m. KST) is the most active trading hour on Upbit, indicating that investors actively respond to global market dynamics at the start of the local business day, impacting liquidity and volatility.
- Liquidity Impact: The high trading volume of XRP on Upbit ensures deep liquidity for XRP/KRW trading pairs, reducing bid-ask spreads and slippage, while also providing key metrics of investor confidence for project developers and regulators.
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.
