- Upbit lists ETHFI, RESOLV, INIT, SPK for BTC and USDT trading.
- Price reactions include 2.6% rise in ETHFI.
- SPK is distinct from prior SPARK token.
Upbit, South Korea’s largest cryptocurrency exchange, listed ETHFI, RESOLV, INIT, and SPK for trading against BTC and USDT on September 19, 2025.
Listing at Upbit sparked initial price surges but highlighted potential volatility in newer altcoin markets.
Upbit Expands Offerings with Four New Token Listings
Upbit officially listed Ether.fi (ETHFI), Resolv (RESOLV), Initia (INIT), and Spark (SPK) on September 19, allowing trading against BTC and USDT. The platform clarified that the newly-listed SPK differs from the previously airdropped SPARK, maintaining strict regulatory compliance guidelines.
Immediate trading reactions showed price increases. ETHFI saw a 2.6% rise, RESOLV hit 11.4% at its peak, INIT surged over 10%, and SPK reached a 10% increase.
Experts from Coincu Research highlight that ongoing community discussions indicate a cautious wait-and-see approach due to the potential price volatility with such listings. Historical patterns suggest careful monitoring of emerging market trends and network stability.
Expert Insights: Trading Patterns and Market Dynamics
Did you know? On September 18, 2025, Upbit’s simultaneous listings of BARD experienced drastic volatility with a 45% price drop, indicating potential risks similar to newly-listed SPK and friends.
Ether.fi‘s current market conditions show a trading price of $1.52 and a market cap of $777,768,079 as per CoinMarketCap as of September 19, 2025. Recent movements include a 5.30% increase over 7 days and a 77.39% rise over 90 days, highlighting interesting growth dynamics.
The community remains cautious, looking towards the potential for speculative trading amid predictable volatility spikes.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/altcoin/upbit-lists-four-new-tokens/