The South Korean crypto assets market has recently shown a strong rise, with the most notable being Upbit, the largest crypto assets exchange in South Korea. On July 21, Upbit's 24-hour volume reached an astonishing $4.765 billion, nearly a 50% increase from the previous day. This data fully reflects the enthusiasm of South Korean investors for digital assets is rapidly heating up.

Among the numerous trading pairs, the XRP/KRW combination stands out, accounting for 15.26% of the total volume on the platform, making it the most popular trading pair of the day. Following closely are Dogecoin, Ethereum, Tezos, and Nervos Network (CKB) and other Crypto Assets, which have also attracted the attention of many investors.

It is worth mentioning that Tezos (XTZ) has risen by 63.2% in price over the past week, while CKB achieved a rise of 43.1% in a single day. These data indicate that, in addition to mainstream Crypto Assets, some small-cap tokens are also favored by Korean investors.

The recent surge in the Korean Crypto Assets market has attracted the attention of global investors. Analysts point out that Korea has always been one of the important participants in the global Crypto Assets market, and its market trends can often influence the global market to some extent. However, they also remind investors that the Crypto Assets market is highly volatile, and careful consideration of risks is necessary when investing.

As the activity level of the Korean crypto assets market continues to rise, industry insiders expect this may drive further development of the entire Asia-Pacific region and even the global crypto assets market. However, investors still need to remain rational when participating in the market and conduct thorough market research and risk assessment.