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What New Listings on Upbit and Bithumb Mean for the Market

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by Giorgi Kostiuk

4 hours ago


Today, South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, announced the addition of new altcoins, which has triggered market activity.

Altcoin Listings on Upbit

Upbit announced it will list the altcoin Raydium (RAY) in KRW and USDT pairs. The listing for RAY is scheduled for June 19, 2025, and will be available on the Solana network.

Altcoins on Bithumb

Bithumb will list the altcoins Forta (FORT) and Huma Finance (HUMA) exclusively in the KRW market. The listing is planned for the same day, June 19, 2025. HUMA will be supported on the Solana network, while FORT will be supported on Ethereum.

Market Reactions to New Listings

Following the announcements, there have been significant price increases for HUMA, FORT, and RAY. The market reacted with substantial growth for these altcoins.

Thus, the new altcoin listings on South Korean exchanges have already impacted market prices, and further developments will depend on the interest of traders and investors.

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