Upbit weekly volume falls 20.8% to 6.7 trillion won as XRP leads trading

South Korea's largest crypto exchange saw activity cool again, with XRP outpacing Bitcoin and USDT for the top spot Trading on Upbit, South Korea’s largest crypto exchange, slowed down again. Weekly volume fell 20.8% to 6.7 trillion won, or approximately $4.9 billion, for the week ending November 8, 2026. The more interesting detail is what traders were still buying. XRP topped the platform’s trading activity, beating both Bitcoin and the USDT stablecoin. On Upbit, that is starting to look less like a surprise and more like a habit. This was not a one-off slump. The week ending October 18, 2026, also saw a weekly drop, when Upbit’s volume fell 15.5% to 8.35 trillion won, or about $6.28 billion.

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