On September 19, the biggest crypto exchange in South Korea, Upbit, announced the listing of new trading pairs for four crypto projects:
- Ether.fi (ETHFI) – A liquid restaking protocol on Ethereum
- Resolv (RESOLV) – A protocol that maintains USR, a stablecoin backed by ETH, BTC, and pegged to the US dollar
- Initia (INIT) – A network for interwoven rollups, mixing an L1 and an interwoven system of customizable appchains
- Spark (SPK) – An onchain capital allocator
Upbit’s New Listings Announcement
In its official notes, the crypto exchange revealed that it would debut new trading pairs for ETHFI, RESOLV, INIT and SPK on September 19.
Trading was programmed to open at 15:00 KST, supporting the BTC and USDT markets.
All four digital assets recorded price spikes after Upbit’s announcement and saw price volatilty after the exchange listed them.
TRADE ETHFI, INIT, SPK, RESOLV
ETHFI, RESOLV, INIT, and SPK Price Trajectories on September 19
ETHFI was trading at approximately $1.6 ahead of Upbit‘s listing announcement, and the digital asset’s price spiked to $1.67 immediately after, reaching a market cap of over $857 million.
At the moment of writing this article, ETHFI has a market cap of over $822 million amidst market volatilty.
RESOLV was trading at $0.15 ahead of the exchange’s listing notes, and it spiked above $0.16, topping $47 million in market cap and surging by approximately 2.4% in a short amount of time, before cooling down to current levels.
At the moment of writing this article, RESOLV is trading near $0.16 with a market cap of more than $45 million. The digital asset is up by over 5% in the past 24 hours.
Ahead of Upbit’s announcement, INIT was trading at $0.39, spiking above $0.4 after Upbit revealed its listing plans.
At the moment of writing this article, INIT is trading above $0.38 with a market cap of over $63 million, up by more than 4% in the past 24 hours.
SPK had a market cap of over $104 million this morning, and it spiked to more than $107 million after Upbit’s announcement. The digital asset continued its ascendant trajectory, hitting a market cap of more than $110 million, before cooling down to current levels.
At the moment of writing this article, SPK is trading at $0.06 with a market cap of over $105 million, being up by over 2% for the day.
