Solana-based DEX Orca (ORCA) surges 317% after Upbit listing

Source
Minseung Kang

Summary

  • It was reported that Orca (ORCA) surged 317% after being listed on Upbit.
  • The price of ORCA rose 216% compared to the previous day both domestically and internationally.
  • Orca is the 11th largest exchange among Solana-based DEXs, with asset deposits amounting to 250 million dollars.

The decentralized exchange (DEX) Orca (ORCA), based on Solana (SOL), has shown a sharp rise after being listed on the domestic virtual asset (cryptocurrency) exchange Upbit.

As of 17:35 on the 21st, the price of ORCA is trading at 8,869 KRW on Upbit's KRW market, up 317% from the listing price. ORCA's price soared to a high of 9,677 KRW during the day.

According to CoinMarketCap, a global virtual asset market reporting site, ORCA's price has increased by 216% compared to the previous day.

On this day, the virtual asset specialized media CoinDesk reported, "Orca is the 11th largest exchange among Solana-based DEXs," adding, "The assets deposited on the platform amount to 250 million dollars."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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