The first southern Korean cryptocurrency exchange, Upbit, has announced the Raydium (Ray) list. Trading will start at 12 noon, Korean standard time (KST).
In addition, Bithumb will enumerate Huma Finance (Huma) and Forta (Fort) today at 3:00 p.m. and 5:00 p.m. KST, respectively. These announcements triggered two -digit rallies for the three tokens.
Upbit announces the Raydium list (Ray)
Raydium is a decentralized exchange (DEX) and an automated market manufacturer (AMM) built on the Solana blockchain (soil). His native token, Ray, has had trouble recently, displaying a drop of 27.3% in the last 30 days.
This drop has also reduced its market value by more than $ 1 billion to around $ 500 million. However, Upbit’s decision to support Ray Trading allowed a certain optimism on the market.
“Raydium (Ray) KRW, USDT market support. Supported market: KRW, USDT market. Trading opens at: 2025-06-19 12:00 KST estimated, ”published Upbit.
This announcement led to a 34.3% increase in the price of the Ray token during the first hours of Asian trade. Beincrypto data showed that the price has increased from around $ 2.07 to $ 2.78 in a few minutes. In addition, market capitalization has also increased to more than $ 655 million.
A modest correction followed, but Ray still managed to keep certain earnings. At the time of writing the editorial staff, Ray’s negotiation price was $ 2.32, up 11.3%. The market capitalization was also adjusted to around $ 637 million.
This increase is aligned with the historical models observed with the upbit lists. Earlier this week, Altlayer (Alt) and the Haedal protocol (Haedal) saw similar overvoltages. In addition, last month, four altcoins won Upbit’s support at the rear.
Bithumb Listing stimulates Huma and Fort
Besides Upbit, Bithumb has also revealed two new token lists today. Huma and Fort will be added to the KRW market for exchange, and trading will start later in the day.
Huma experienced a significant increase in price, increasing by 12.0% before retreating to $ 0.037. Despite the retracement, this brief Pointe highlighted the interest of the market for the postal list of token.
Meanwhile, Strong has demonstrated an impressive ascending movement, climbing 52.2% and reaching $ 0.10 at the time of writing. The continuous assessment for the strong reflected a strong feeling of market and growing demand. In fact, the token has even become the best daily cargecko winner.
The expansion of offers by the two exchanges aligns with the growing momentum on the cryptocurrency market in South Korea. According to Kaiko Research, in 2025, cryptographic trading called by KRW reached $ 663 billion.
This positions South Korea as the second largest cryptography market in the world, behind the United States. In addition, almost one in three adults in the country has a cryptocurrency, twice the adoption rate in the United States.
“However, persistent obstacles – such as fragmented markets, a low adoption of Stablecoin and the sustainable” Kimchi Premium ” – continue to question institutional growth and innovation of products in the cryptographic sector of Korea,” added Kaiko.
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