XRP News: Upbit Turnover Slips, XRP Keeps Top Spot

Upbit recorded 8.35 trillion received ($6.28 billion) in buying and selling quantity for the week ending October 18, 2026, a 15.5% decline from the prior week. XRP however ranked first on South Korea’s largest alternate regardless of the information, forward of Bitcoin and USDT. The distinction is obvious: general exercise cooled, however buying and selling consideration remained concentrated in XRP.

There was a 19.56% fall in buying and selling quantity throughout main South Korean platforms within the previous week, a separate interval that factors to cooling; in opposition to that comparability, Upbit’s 15.5% contraction was milder. During mid-October, its 24-hour buying and selling volumes ranged from about $340 million to greater than $1.2 billion on energetic days.

Upbit has constantly held the main place in South Korea and frequently outpaced rival Bithumb. Upbit volumes have usually reacted to strikes in home inventory markets, suggesting Korean merchants could deal with equities and crypto as competing or neighboring threat exposures.

At the identical time, South Korea has been blocking 27 offshore exchanges, which belongs to the broader regulatory backdrop.

For now, decrease turnover can depart order books thinner, growing the potential worth affect of huge market orders. That is a liquidity consideration.

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Good News for XRP? What the Order Book Says?

XRP completed forward of Bitcoin and USDT, with Bitcoin second and USDT third. That ordering exhibits the place reported buying and selling exercise was focused on Upbit. USDT’s third-place end provides a special type of sign: it exhibits the stablecoin was among the many alternate’s most-traded belongings.

The key figures are finest learn collectively, with out treating turnover as a directional worth indicator:

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The subsequent weekly print will present whether or not Upbit turnover stabilizes close to 8.35 trillion received or continues to contract. XRP’s place on the prime of the amount desk is the opposite helpful checkpoint: retaining it by means of a quieter market would verify continued relative focus.

The previous 19.56% sector-wide decline additionally frames the aggressive query. Bithumb and different home venues face the problem of attracting exercise in a softer market, not merely taking share from Upbit.

Until contemporary figures make clear each mixture turnover and asset rankings, the present information help a narrower conclusion: buying and selling cooled, whereas XRP remained Upbit’s most-traded asset.

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