Solana-Powered DEX Orca Sees Token Surge 92% Following Upbit Listing Announcement

ORCA Token Jumps Over 90% After Upbit Listing, Crosses $3 for the First Time Since January

ORCA, the native token of the Solana-based decentralized exchange (DEX) Orca, surged by over 90% on Friday, fueled by its new listing on Upbit, South Korea’s leading cryptocurrency exchange.

Key Takeaways:

• Upbit introduced ORCA trading pairs with Korean won (KRW), Bitcoin (BTC), and Tether (USDT), opening the door for South Korean traders—well known for their high-volume altcoin activity—to access the token.
• The price of ORCA surged past $3, hitting this level for the first time since January 26, according to data from TradingView and CoinGecko.
• The token had previously been in a downtrend since reaching its peak of $8.70 on December 6, making this rally a notable reversal in momentum.
• Orca ranks as the 11th largest Solana-based DEX, boasting nearly $250 million in total value locked (TVL), as per DefiLlama.

The Upbit listing has injected fresh interest and liquidity into ORCA, potentially setting the stage for further growth within the Solana ecosystem.