Korea Now Sees 30% Of The World'S Crypto Trading Volume

South Korea has emerged as a dominant force in global cryptocurrency markets, now accounting for nearly one-third of all crypto trading volume worldwide, according to data from research firm Kaiko cited by @WuBlockchain.

Perhaps more striking is the composition of that activity. Altcoins drive roughly 85% of South Korean crypto trading, with $BTC and $ETH together making up just 15% of volume. That skew toward smaller tokens has persisted even as altcoin valuations have suffered a prolonged downturn over the past year.

South Korea has long punched above its weight in crypto markets. The country's retail investor base is among the most active globally, and domestic exchanges such as Upbit and Bithumb regularly post volumes that rival major Western platforms.

The latest figures will likely sharpen the focus of cryptocurrency projects that have historically concentrated their go-to-market efforts on the United States and Europe. With a third of global volume now flowing through a single Asian market, the case for redirecting attention eastward is becoming harder to ignore.