XRP Outperforms Bitcoin on Upbit
XRP has maintained a month-long streak of higher trading volume compared to Bitcoin on the South Korean cryptocurrency exchange, Upbit. Data from September 21 shows XRP generating $350 million (approximately ₩481 billion) in trades, significantly exceeding Bitcoin’s $225.8 million (₩308 billion).
Onchain analysis highlighted XRP's dominance on Upbit on Monday night, with the asset recording $203.9 million in 24-hour volume against Bitcoin’s $143 million at that time. This trend indicates a strong preference for XRP among South Korean traders utilizing the Upbit platform.
The reasons behind XRP’s strong performance on Upbit are not immediately clear from available data, but the sustained volume difference suggests a localized market dynamic. Further investigation would be needed to determine if this is driven by retail interest, institutional activity, or other factors specific to the South Korean market.
Market context
Market data reflects conditions at publication time and is not updated in real time.
Data captured at: Sep 23, 2026 01:37 (Tehran)
Likely market impact
| Segment | Outlook |
|---|---|
| Bitcoin | ● Neutral |
| Ethereum | ● Neutral |
| Altcoins | ▲ Positive |
| Short term | ▲ Positive |
| Long term | ● Neutral |
Spot prices at publication
Fear & Greed Index
Chart
Source: Bitcoin.com News