The latest Upbit listing announcement brought impressive momentum to the prices of Balance and Axelar, as it typically happens when the South Korean exchange lists tokens.
By Wahid Pessarlay
Edited by Julia Sakovich
Updated
2 mins read
Upbit, the leading South Korean cryptocurrency exchange, brought Axelar AXL $0.54 24h volatility: 62.4% Market cap: $505.71 M Vol. 24h: $623.19 M and Balance (EPT) to its listing spotlight.
The Korean centralized exchange will list AXL at 07:00 UTC and EPT at 09:00 UTC on June 10. Balance will only be available to trade with USDT USDT $1.00 24h volatility: 0.0% Market cap: $155.21 B Vol. 24h: $51.51 B , while users will be able to swap AXL with USDT and the South Korean Won.
South Korea’s largest cryptocurrency exchange, UPBIT, has announced that it will list the Balance (EPT)/USDT trading pair and Axelar (AXL) trading pairs with KRW and USDT on June 10. Balance is a project dedicated to enhancing the Web3 user experience through the use of AI.…
— Wu Blockchain (@WuBlockchain) June 10, 2025
Minutes after the initial announcement, both tokens recorded sharp price hikes.
AXL rallied 65% in 24 hours to $0.53. Its market cap surpassed the $500 million mark, making it the 114th-largest digital asset in the market. Axelar’s daily trading volume increased by nearly 900% to $88 million.
EPT rose by 22% in the past 24 hours and is trading at $0.0078 at the time of writing. The asset also recorded an 85% surge in its 24-hour trading volume, reaching $19.7 million. Balance currently has a market cap of $19.2 million.
Upbit’s latest listings come as the broader crypto market gained bullish momentum. The global crypto market cap increased by 1.8% to $3.5 trillion, according to data from CoinGecko.
Data shows that the Korean exchange saw a 60% rise in its trading volume, reaching $1.8 billion.
Upbit has listed 251 coins for trading. Most of its latest listings have triggered similar gains. For example, SOON rose by 15%, DEEP price doubled, and WCT surged by 36% right after the exchange’s announcement.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Wahid has been analyzing and reporting on the latest trends in the decentralized ecosystem since 2019. He has over 4,000 articles to his name and his work has been featured on some of the leading outlets including Yahoo Finance, Investing.com, Cointelegraph, and Benzinga. Other than reporting, Wahid likes to connect the dots between DeFi and macro on his newsletter, On-chain Monk.
