Today, Soon (SOON) recorded a remarkable rise, attracting enthusiasm among savvy investors following its listing on the Upbit crypto exchange. According to a news development shared today on the X platform by crypto market aggregator CoinGecko, the cryptocurrency pumped 89.6% after its listing on the South Korean exchange.
SOON is the native crypto token fueling Soon, a Layer-2 rollup network built on Solana, using its SVM technology to bring scalability and speed to Layer-1 networks to make financial transactions faster, easier, and more secure.
SOON In Accumulation Phase
Today, SOON trades at $0.2367, up 70% over the past 24 hours, according to the data from CoinGecko. Also, its price has been up 118% and 53.9% over the past week and month, respectively, showing the asset’s strong ongoing accumulation phase. The key catalyst behind these massive surges is recent SOON’s listing on the Upbit exchange. Early today, Upbit, A major crypto exchange based in South Korea, announced the listing of the SOON token for trading pairs against the Korean Won on the centralized trading platform. The exchange announced that the SOON/KRW trading pair to begin trading at 5:30 am UTC today, allowing global users to deposit, sell, and trade the asset.
With its decision to list the token on Upbit, Soon capitalizes on the exchange’s huge global user base to improve the asset’s accessibility among crypto users. The listing showcases Soon’s strategy to actualize its mission of driving blockchain interoperability using its high-performance Layer-2 solution network, which focuses on building an interoperable blockchain ecosystem.
The integration of SOON on Upbit provides crypto users with expanded access to deep market liquidity, as now global customers can trade SOON with various crypto assets, directly on Upbit’s trading platform, with advanced access to different trading options, improved liquidity, and advanced trading tools.
Upbit Offers Crypto Liquidity To SOON
Upbit is the largest crypto exchange in South Korea in terms of user base and trading volume, with more than 180 crypto coins listed on the trading platform. With its launch in 2017, Upbit has long maintained a strong presence within the global cryptocurrency landscape, especially across the Asian market.
Its regional customer base and trading pairs often contribute significant liquidity to many crypto assets. SOON’s integration on Upbit is set to provide the cryptocurrency with wide user accessibility, unlocking diversification and trading opportunities.
