ORCA Token Rallies 90% Following Upbit Listing, Reclaims $3 Milestone
ORCA, the native token of Solana-based decentralized exchange (DEX) Orca, experienced a stunning 90% price surge on Friday after securing a high-profile listing on Upbit, South Korea’s leading cryptocurrency exchange.
Key Insights:
- Upbit introduced ORCA trading pairs against Korean won (KRW), Bitcoin (BTC), and Tether (USDT), giving South Korean traders—known for their strong participation in altcoin markets—greater access to the token.
- ORCA’s price jumped past $3, reaching this level for the first time since January 26, according to TradingView and CoinGecko data.
- The token had been on a downward trajectory since its December 6 peak of $8.70, but the latest rally signals a shift in market sentiment.
- Orca currently ranks as the 11th largest Solana-based DEX, boasting $250 million in total value locked (TVL), per DefiLlama.
The Upbit listing has revitalized interest in ORCA, reinforcing its position in the rapidly growing Solana DeFi ecosystem.
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