API3 Soars 121% Following Upbit Listing Announcement
- API3 price surged 121% after Upbit listing was announced.
- Upbit allows API3 trading in KRW and USDT pairs.
- API3 listing spurred a $158 million trading turnover.
API3 experienced a 121% surge after listing on Upbit, South Korea’s largest exchange, which commenced trading on August 19, 2025, for KRW and USDT pairs.
The listing catalyzed a significant price increase and trading volume spike, highlighting the market’s enthusiasm and potential impacts on associated cryptocurrencies like ETH and Web3 data oracle coins.
API3 surged 121% following its listing on South Korean exchange Upbit, for trading with KRW and USDT pairs, effective August 19, 2025, 5:00 PM local time.
The spike underscores the favorable market reception and potential demand in South Korea, catalyzing significant trading activity and heightened interest in decentralized API infrastructure ventures.
API3 Price Jumps 121% After Upbit Announcement
The price of API3 soared 121% after Upbit, South Korea’s largest exchange, announced its listing. This development highlights API3’s growing prominence in the cryptocurrency sector.
The listing was confirmed on August 19, 2025, allowing trading in KRW and USDT pairs. Upbit’s official communication emphasized the structured rollout to maintain market stability. “Upbit announced that it will open the digital asset API3 for trading in KRW and USDT pairs on August 19, 2025.” – Upbit Spokesperson, Upbit Exchange
$158 Million Turnover for API3 on Upbit Launch
The immediate effects on the market were substantial, with more than $158 million in turnover recorded, particularly for the API3/KRW pair. This demonstrates high local interest in the token.
The financial implications include potential boosts in liquidity and exposure for API3 in Asian markets. This event aligns with Upbit’s strategy to attract diverse digital asset offerings. Buy orders restricted during the first five minutes… Limit orders only for the first two hours.
Link to Historical Market Patterns and Analysis
Similar exchange listings, like those of LINK and BAND, have preceded comparable price hikes. Such price movements are often seen with major DeFi token listings in Asia.
Outcomes suggest API3 could experience sustained interest, given past trends with decentralized APIs. As the market evolves, API3’s strategic positioning might drive further engagement.
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