Markets· ★★★· bullish·

Chainalysis: South Korea Leads East Asia With $449.1B in Crypto Activity

  • —South Korea activity hit $449.1B, ahead of Japan's $228.3B and Hong Kong's $192.2B
  • —Exchange-related activity in Korea rose 16.3%, adding $51.1B in inflows
  • —AI tokens took 18% of won-denominated volume versus 0.91% of yen volume in Japan
  • —Top tokens by volume: WLD at $7.41B, SAHARA at $3.2B, VIRTUAL at $2.7B
Why it matters: South Korean retail demand for AI tokens is setting the thematic tone for Asia and could sway liquidity in WLD, SAHARA and VIRTUAL.
Source: NFT Evening