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Upbit daily trading volume surpasses $1.25 billion: XRP narrowly beats BTC to top the trading chart
[Crypto World] Upbit has performed quite well in the past 24 hours—the trading volume surged to $1.255 billion, up 9.52% compared to the previous day.
Looking at CoinGecko’s data, the trading distribution among popular coins is quite interesting:
XRP leads by a narrow margin, accounting for 13.42% of trading volume with approximately $169 million in turnover; Bitcoin follows closely with a 13.41% share and about $168 million in volume, a difference of just a few hundred thousand dollars; Ethereum takes third place with a 12.18% share and roughly $153 million in trading volume; USDT and SOL rank fourth and fifth, with shares of 6.13% and 4.34%, and trading volumes of about $76.94 million and $54.54 million, respectively.
The top three each account for over 12%, indicating that mainstream coins are still the main battleground for capital. The close competition between XRP and BTC may be related to recent market sentiment and capital flows.