Upbit Announces New Listing of SOON in BTC and USDT Markets – Coincu

Upbit, South Korea’s largest cryptocurrency exchange, will list SOON in BTC and USDT trading pairs. The trading start time is yet to be announced.

The listing on Upbit is likely to lead to significant trading activity and potential price volatility, as observed in similar past events.

Upbit to Introduce SOON Cryptocurrency Trading Pairs

Upbit announced the listing of SOON, a move that extends its crypto offerings. Operated by Dunamu Inc., Upbit is set to support SOON with BTC and USDT pairs. The announcement, made on May 23, 2025, did not specify trading commencement.

Trading in SOON is likely to attract substantial market interest. Similar listings, such as SIGN and VIRTUAL, have driven sharp increases in trading volumes and price movements. SOON’s launch may follow suit, affecting BTC and USDT liquidity.

Industry players are closely watching Upbit’s developments. While Upbit officials have refrained from personal comments, market analysts expect heightened trading interest. In such contexts, investor focus often intensifies around new opportunities offered by these listings.

Potential Impacts on BTC and USDT Liquidity

Did you know? Upbit’s listing of SIGN led to an 80% price surge within 24 hours, underscoring the impact of new listings on market activity.

CoinMarketCap reports Bitcoin at $111,232.44 with a market cap of $2.21 trillion. BTC’s 24-hour trading volume is $66.56 billion, showing a 23.14% decrease. Recent weeks see BTC climbing 19.62% in 30 days, reflecting broader crypto uptrends.

According to Coincu’s research team, Upbit’s move could bolster liquidity flows and regional market interest, potentially engaging new retail investors. The focus on BTC and USDT pairs aligns with trends observed in previous Upbit listings, emphasizing fast-paced market dynamics.

“The upcoming introduction of SOON pairs is expected to spark significant retail interest, reminiscent of past listing impacts,” a statement from a market analyst.