UPBIT Launches DoubleZero Trading on Solana Network

UPBIT, a major cryptocurrency exchange, will begin accepting deposits for DoubleZero (2Z) on October 2, 2025, followed by trading an hour later, exclusively via the Solana network.

This listing aligns with recent regulatory clearances and highlights potential market shifts, impacting liquidity and staking in associated assets such as Solana and Bitcoin.

Market Analysis: Price Trends and Strategic Insights

UPBIT, a leading South Korean cryptocurrency exchange, is facilitating the launch of DoubleZero onto its platform on the Solana network.

The listing comes after obtaining approval from regulatory authorities, paving the way for a broader market presence. Immediate implications involve trading availability in KRW, BTC, and USDT pairs, potentially boosting liquidity on the platform. Market reactions have noted the lack of direct statements from leaders within DoubleZero or significant industry influencers, maintaining a neutral anticipation of trading dynamics.

As of the latest update from CoinMarketCap, DoubleZero (2Z) is priced at $0.58 with a market cap of $2.01 billion and a fully diluted market cap reaching $5.78 billion. The token experienced a 13.16% price decrease in the past 24 hours, continuing a consistent pattern over the last three months. Daily trading volumes stand at $1.29 billion, reflecting a 0.63% decline, with a total circulating supply of 3.47 billion out of a maximum 10 billion tokens.

“UPBIT will open the deposit service for DoubleZero (2Z) at 21:00 on October 2, 2025, and trading support will start at 22:00. This digital asset will support deposits and withdrawals on the Solana network.”

Insights from Coincu research team

Did you know? DoubleZero’s integration with Solana marks it as one among several novel blockchain technologies to rise post-regulatory clarity similar to Aptos or Arbitrum listings. This alignment could lead to increased liquidity and faster adoption in the decentralized finance ecosystem.

Insights from Coincu research team suggest that UPBIT’s listing of DoubleZero may encourage other exchanges to pursue similar actions. This could potentially catalyze changes in market behavior as regulatory environments stabilize. Technologically, DoubleZero’s focus on Solana presents strategic growth potential for expanding decentralized infrastructure.

Technologically, DoubleZero’s focus on Solana presents strategic growth potential for expanding decentralized infrastructure.