ORCA Token Surges Over 90% Following Upbit Listing
ORCA, the native token of Solana-based decentralized exchange (DEX) Orca, saw a dramatic price surge of over 90% on Friday after securing a listing on Upbit, South Korea’s largest centralized exchange.
Key Highlights:
- Upbit announced new trading pairs for ORCA, including ORCA/KRW (Korean won), ORCA/BTC (Bitcoin), and ORCA/USDT (Tether), giving South Korean traders—who are known for their heavy participation in the altcoin market—direct access to the token.
- Following the listing, ORCA’s price broke past the $3 mark for the first time since January 26, according to data from TradingView and CoinGecko.
- The token had been in a downtrend since reaching its all-time high of $8.70 on December 6, but the latest rally signals renewed market interest.
- Orca currently ranks as the 11th largest Solana-based DEX, with nearly $250 million in total value locked (TVL), according to DefiLlama.
The Upbit listing marks a significant milestone for ORCA, potentially driving further adoption and liquidity for the Solana ecosystem.
