The ORCA token of Solana DEX Orca has seen a big value surge following Upbit alternate’s latest itemizing. Notably, the ORCA value skyrocketed by a staggering 170%, hitting the best level this yr.
Interestingly, the ORCA value at this time reached a yearly excessive of $5.1021 from a mere low of $1.56. This stunning uptrend is primarily pushed by South Korean crypto alternate Upbit’s new buying and selling help for ORCA.
Let’s unveil the ORCA value’s latest uptick and Upbit’s vital contribution to the token’s bullish development.
ORCA Price Skyrockets After Upbit Announces Support
In a stunning improvement, the South Korean crypto alternate Upbit, has introduced buying and selling help for ORCA, the native token of the Solana-based decentralized alternate (DEX), Orca.
On March 21, Upbit has confirmed the itemizing of Orca’s native token, ORCA, paired with KRW, BTC, and USDT on the Solana community, with buying and selling set to start on March 21 at 17:00 KST. This announcement has triggered a big surge within the ORCA value, invoking a bullish sentiment.
Upbit Lists ORCA: Trading Details
Significantly, the ORCA value surge adopted Upbit’s crucial announcement. Upbit has formally declared its help for ORCA, with deposits and withdrawals set to go reside inside two hours of the announcement. Users will be capable to begin buying and selling in one other one hour.
However, Upbit has carried out sure restrictions to make sure a secure market. For occasion, Upbit will limit purchase orders for ORCA for the preliminary 5 minutes. All orders, besides restrict orders, might be restricted for one hour. In addition, promote order costs might be capped at 10% lower than the day past’s closing value.
Though the ORCA value has been on a downtrend since December 6 when it hit a excessive of $8.70, the latest improvement has pushed the token to a bullish monitor. The ORCA token value touched the $5 mark for the primary time in 2025.
Recently, South Korea has taken the initiative to strengthen its rules over the crypto area. South Korea’s FIU is investigating the operations of unregistered crypto exchanges like KuCoin and BitMEX.
ORCA Price’s Future Trends: Expert Insights
At press time, ORCA is valued at $4.21, marking a big uptick of 166.19% in a day. In addition, the ORCA value has skilled notable hikes of 172% and 114% over the previous week and month, respectively. This optimistic development is additional mirrored within the staggering 4676% enhance in buying and selling quantity, which at present stands at $355.7 million, indicating an optimistic investor sentiment.
According to analysts’ ORCA value prediction, the token is predicted to have a possible pullback because the RSI means that the token is at present overbought. For analyst gemxbt, $3.50 serves because the crucial help stage, whereas $4.50 acts because the essential resistance stage for the token value. Though ORCA has damaged out of a interval of consolidation, it’s poised for potential corrections.
Upbit’s ORCA itemizing comes following the South Korean regulator’s rising scrutiny over the alternate for allegedly violating KYC guidelines. In response, Upbit operator Dunamu filed a lawsuit in opposition to the FIU to cancel the enterprise suspension order.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of expertise in blockchain, web3, and fintech spheres. She has established herself as a educated and fascinating voice within the cryptocurrency and blockchain area. Her expertise as an Assistant Professor in English Language and Literature has additional added to her quest for crafting informative, well-researched, and accessible content material.
Disclaimer: The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.
