Key Points
- Upbit will list HYPER/KRW, BABY/BTC, and BABY/USDT trading pairs on July 10.
- BABY and HYPER prices surged following the announcement.
On July 10, Upbit, the biggest crypto exchange in South Korea, announced that it will list new trading pairs for two digital assets:
- Hyperlane (HYPER) – An interoperability layer created to connect the modular blockchain ecosystem, enabling communication across various blockchain environments
- Babylon (BABY) – A decentralized protocol that enables native Bitcoin staking on the BTC blockchain without intermediaries
Upbit’s HYPER and BABY Listing Announcements
In an official announcement, Upbit revealed that it will list the HYPER/KRW trading pair on July 10 at 17:00 KST. On May 27, the crypto exchange launched HYPER, supporting the BTC and USDT markets.
In a separate announcement, the crypto exchange revealed that it will list BABY/BTC and BABY/USDT trading pairs on July 10 at 16:00 KST.
Both digital assets experienced price surges following the exchange’s listing announcements.
HYPER and BABY Prices Surged
Here are the price trajectories for HYPER and BABY on July 10;
HYPER Price Action
HYPER was trading at approximately $0.15 with a market cap of more than $26.7 million before Upbit announced its listing plans. Immediately after, HYPER price spiked by over 95%, reaching $0.31. The digital asset continued its upward trajectory, hitting $0.33 and a market cap of more than $58 million before settling at current prices.
At the moment of writing this article, HYPER is trading above $0.29 with a market cap of more than $51 million.
BABY Price Action
BABY was trading at $0.04 with a market cap of over $118 million ahead of Upbit’s listing announcement. After the exchange revealed its notes, the BABY price spiked by almost 7%, reaching $0.05 and a market cap of more than $133 million.
At the moment of writing this article, BABY is trading above $0.05, and the digital asset has a market cap of more than $124 million.
