Orca Listing on Upbit Spotlights the Pivotal Role of South Korean Exchanges in Crypto Markets

The listing of Orca on Upbit signifies a major boost in visibility and trading activity, highlighting the pivotal role of South Korean exchanges in crypto markets.

Major cryptocurrency exchange Upbit has included Orca (ORCA) for trading from 17:00 UTC on March 21, 2025, the exchange announced.

Upbit will offer the following trading pairs for Orca: ORCA/KRW, ORCA/BTC, and ORCA/USDT.

Immediately following the listing, Orca experienced a significant surge in trading activities. Orca is a decentralized exchange powered by the Concentrated Liquidity Market Maker model on Solana.

Announced at 14:45 UTC, Orca’s listing on Upbit had a significant impact on the cryptocurrency’s market valuation. Orca’s price rose by over 90% shortly after the listing announcement by Upbit, and trading volumes increased dramatically by 5,700% within a day.

Orca token peaked at $5.06, marking a new short-term trend following a prolonged downturn since December 2024.

“Solana-based DEX Orca's native token is up 92% as Upbit announces listing,” said Mark Johnson, Senior Writer, CoinDesk.

According to CoinMarketCap data, Orca is currently trading at $2.76, showcasing a 75.75% increase over the past 24 hours. Its market cap is approximately $153.69 million, with a fully diluted valuation of $275.54 million. The ORCA token’s 24-hour trading volume has reached $558.99 million, highlighting a 10,801% surge in volume.

As Orca continues to attract attention, its current market dominance reflects 0.0056%. Orca’s engagement in the broader decentralized finance ecosystem is further highlighted by its presence on the Solana platform, signifying its technological and strategic alignment within the cryptocurrency landscape.