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Upbit Lists Orca Token, Impacting Market Significantly

Solomon M. by Solomon M.
March 21, 2025
in Altcoin News
Key Points:

  • Orca listed on Upbit, leading to price surge.
  • ORCA price increased over 90% post-announcement.
  • Trading volume spiked by 5,700% within 24 hours.

upbit-lists-orca-token-impacting-market-significantly
Upbit Lists Orca Token, Impacting Market Significantly

The listing of Orca on Upbit signifies a major boost in visibility and trading activity, highlighting the pivotal role of South Korean exchanges in crypto markets.

Upbit has included Orca for trading on its platform from 17:00 UTC on March 21, 2025. Trading pairs for Orca include ORCA/KRW, ORCA/BTC, and ORCA/USDT. Effective immediately following the listing, Orca experienced a substantial increase in trading activities. Orca operates as a decentralized exchange using the Concentrated Liquidity Market Maker model on Solana.

The announcement of Orca’s listing on Upbit significantly impacted Orca’s market valuation. Orca’s price surged by over 90% soon after the listing announcement, and trading volumes increased dramatically by 5,700% within a day. Orca token peaked at $5.06, indicating a new short-term trend following a prolonged downturn since December 2024. Mark Johnson, Senior Writer, CoinDesk noted, “Solana-based DEX Orca’s native token skyrockets 92% as Upbit announces listing.”

According to CoinMarketCap data, Orca currently trades at $2.76, representing a 75.75% increase over the past 24 hours. Its market cap is approximately $153.69 million, with a fully diluted valuation of $275.54 million. The ORCA token’s 24-hour trading volume has reached $558.99 million, marking a 10,801% rise in volume.

As Orca continues to attract attention, its current market dominance reflects 0.0056%. Orca’s engagement in the broader decentralized finance ecosystem is further solidified by its presence on the Solana platform, underlining its technological and strategic alignment in the crypto landscape. Learn more about the latest cryptocurrency trends.

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