Share this article

Solana-Based DEX Orca's Native Token Skyrockets 92% as Upbit Announces Listing

ORCA's price topped the $3 mark for the first time since Jan. 26, according to data sources TradingView and CoinGecko.

Updated Mar 21, 2025, 7:44 a.m. Published Mar 21, 2025, 7:19 a.m. 1 min read
FastNews (CoinDesk)

What to know:

ORCA, the token native to the Solana-based decentralized exchange Orca, saw a remarkable increase of over 90% on Friday after being listed by Upbit, South Korea's top centralized exchange.

The Korean exchange said it is listing ORCA-Korean won (KRW), ORCA-bitcoin (BTC) and ORCA-tether (USDT) trading pairs, opening doors for the local traders, known to transact huge amounts of money in the altcoin market, to take exposure to the cryptocurrency.

ORCA's price topped the $3 mark for the first time since Jan. 26, according to data sources TradingView and CoinGecko. The token has been in a downtrend since peaking above $8.70 on Dec. 6.

As of writing, Orca was the 11th largest Solana-based DEX, with assets worth nearly $250 million locked on the platform, according to data source DefiLlama.

More For You

(Photo by Joshua Tsu on Unsplash/Modified by CoinDesk)

The Wall Street investment bank expects a wave of crypto and blockchain public listings over the next two years as institutional investors shift their focus from speculative trading to real-world financial infrastructure.

What to know:

  • Jefferies expects a surge of crypto and blockchain-related public listings over the next two years, projecting the sector could become a $1 trillion public market within five years.
  • Institutional investors are shifting focus from bitcoin price speculation to the integration of blockchain infrastructure into core financial systems, including tokenized money...