Kuna, a Ukrainian-based crypto exchange has seen a huge spike in transaction volume after the news of Russia’s invasion.
Data from CoinGecko shows prior to the invasion trading volumes on Thursday were around $1.5M, nearing $5M on Friday. Although trading volume has since dropped to around $2M.
Despite global markets taking a huge hit after the news, Ukrainians were quick to react to the news in case of an economic crisis.