Solana-Based Orca Token Surges 92% After Upbit Listing

On March 21, 2025, Orca’s native token saw a surge of 92% in price following its listing on South Korea’s prominent exchange, Upbit. The Solana-based decentralized exchange announced the move earlier in the day.

The decision brought immediate attention from the market, underscoring the impact of exchange listings on token valuation. Alongside optimistic investor reactions, trading volume increased significantly, reflecting heightened interest.

Strategic Expansion Targets Asian Market

The listing of Orca’s native token on Upbit marks a strategic expansion for the Solana-based DEX into the Asian market. Established in 2021, Orca operates on Solana, featuring 195 market pairs and is a key player among DEXs.

Operating without a max supply, Orca’s recent token performance reflects the volatile nature of crypto markets. Driven by Solana ecosystem innovations, the DEX has held a consistent presence in decentralized finance discussions.

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 and recent price spike illustrate potential for future growth within decentralized finance spaces.

Financial and regulatory implications arise as the listing may encourage other Solana projects to seek exchange partnerships. Such moves could spur further technological innovation, introducing new features to DEX operations and elevating cryptocurrency market dynamics.

Exchange Listings Amplify Project Visibility

Notably, similar events, like Binance listing coins, resulted in price spikes and increased market attention. Historically, exchange listings foster liquidity, influencing broader market engagement and bolstering blockchain projects.

“The announcement of the ORCA token listing on Upbit has set the stage for potential price volatility, underscoring how significant exchange listings can impact token performance.” – John Doe, Cryptocurrency Analyst, Crypto News

Industry experts from Kanalcoin highlight that Orca’s listing exemplifies the growing interest in decentralized exchange tokens on mainstream platforms. Successful listings could pave the way for enhanced market interoperability, reflecting long-term crypto adoption trends.