South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, have announced the listing of Hyperlane and Babylon altcoins, causing market fluctuations.
Altcoins Hyperlane and Babylon on Upbit
Upbit announced the listing of Hyperlane (HYPER) and Babylon (BABY). HYPER will be available on the KRW trading pair, while BABY will be listed on BTC and USDT pairs. The trading start date is set for July 10, 2025.
Annoucements from Bithumb
Bithumb also stated that they will list HYPER, which will be added to the KRW market. Supported network: Ethereum. The announcement confirms that support for deposits from other networks is not available.
Market Reaction to the Listing
Following the news of the listings for HYPER and BABY, the prices of these altcoins saw a significant increase, reflecting investor interest in new opportunities in the cryptocurrency market.
The listing of altcoins on major South Korean exchanges highlights the ongoing growth and development of the crypto industry in the region. Interest in new assets like HYPER and BABY may signal future increases in their significance.