On March 21, 2025, Orca's token price surged 92% following its listing on South Korea's prominent exchange, Upbit. The move attracted market attention, highlighting the impact of listings on token valuation.
Strategic Expansion Targets Asian Market
The listing of Orca's token on Upbit marks a strategic expansion for the Solana-based DEX into the Asian market. Established in 2021, Orca operates with 195 market pairs and remains a key player among DEXs.
Orca's Price Soars to $3.29 with High Volume
According to CoinMarketCap, Orca's price reached $3.29, marking a 104.35% increase over 24 hours, with a trading volume of $94.32 million, up 1,081%. Its market cap of $175.68 million highlights potential for future growth within decentralized finance. Financial and regulatory implications may encourage other Solana projects to seek exchange partnerships.
Exchange Listings Amplify Project Visibility
Notably, similar events like Binance's coin listings led to price spikes and increased market attention. Historically, exchange listings foster liquidity, influencing broader market engagement and bolstering blockchain projects.
The Orca token listing on Upbit could serve as a catalyst for other Solana projects, driving further technological innovations and new features in decentralized exchange operations.
