Livepeer Surges 150% on Upbit Launch, Fueling AI Crypto Rally

Livepeer Rockets 150% as Upbit Listing and Grayscale Inclusion Spark AI Token Frenzy

Livepeer’s LPT token staged a dramatic rally Friday, skyrocketing 150% to a session high of $14.20, defying the downtrend gripping both bitcoin and the broader crypto market. The move marked the token’s strongest performance since January.

The surge came on the heels of Upbit, South Korea’s leading crypto exchange, announcing new KRW and USDT trading pairs for LPT. The listing opened the floodgates to Korean retail interest, driving an overnight volume spike that lifted prices sharply.

The broader crypto market struggled by contrast—bitcoin (BTC) fell 2% to around $104,000, while major AI-related tokens tumbled 5–10%, and the CoinDesk 20 Index dropped 3.5%. Yet LPT stood out as a rare gainer amid the sea of red.

Fueling the upside was Grayscale’s launch of its AI Crypto Sector index earlier this week, which included Livepeer as one of 20 featured assets. The institutional recognition added legitimacy to the protocol and gave traders a compelling narrative for long exposure.

On the development front, the Livepeer Foundation kicked off a new initiative to shape the project’s future, launching a community-wide strategic survey and activating its advisory boards. The move signaled a more engaged roadmap, which may have helped reinforce investor confidence.

As market participants seek differentiated bets in the AI x crypto space, Livepeer’s explosive rally shows that exchange listings and narrative alignment with institutional trends can still ignite significant momentum—even in bearish conditions.