STRIKE Leads Upbit 24-Hour Trading Volume

STRIKE and BLAST have drawn significant attention on South Korea’s largest cryptocurrency exchange, Upbit, as of July 5, 2025. STRIKE emerged as the leader in 24-hour trading volume, with BLAST joining the top five.

STRIKE’s lead in trading volume highlights the asset’s growing popularity and influence in the crypto market. Analysts anticipate possible volatility and shifts in investment if the trend persists.

STRIKE has captured the top spot in Upbit’s 24-hour trading volume, while BLAST moved into the top five rankings. This sudden surge has occurred without official statements from Upbit or the tokens’ development teams. Established in 2017, Upbit is operated by Dunamu Inc., South Korea’s largest cryptocurrency exchange. Despite STRIKE’s and BLAST’s rise, there have been no official announcements or insights from executives.

This rise for STRIKE and BLAST occurred amidst competition with notable assets like XRP and BTC. With the increase in trading volumes, investors could be exploring short-term gains or strategic long-term positions. Historically, shifts in trading volumes of non-BTC assets have influenced short-term liquidity and market dynamics. Such movements often indicate a diversification from traditional assets towards emergent tokens in the crypto space.

Past experiences suggest that when unique tokens surpass established cryptocurrencies on trading platforms, it typically leads to price swings or novel investor behavior. Consequently, the broader crypto market might experience volatility due to potential speculative trading around STRIKE and BLAST. The event could lead to regulations or technological upgrades if upward trends persist, driven by increased market scrutiny. Such developments may also push investors to reassess positions, considering historical data from prior market shifts and their outcomes.

No direct statements have been made regarding STRIKE or BLAST from Upbit’s executive team as of July 5, 2025.