VIRTUAL Rallies 28% as Upbit Listing Fuels South Korean Trading Frenzy
VIRTUAL, the native token of AI-powered launchpad Virtuals Protocol, soared 28% on Thursday after Upbit, South Korea’s largest crypto exchange, announced its listing.
The token surged to $2.61, nearing a key resistance level that has defined its downtrend since hitting an all-time high of $5.25 on January 2, per data from TradingView and CoinDesk. The listing opens VIRTUAL up to one of the most active altcoin trading markets, with new pairs against KRW, USDT, and BTC now live on Upbit.
Virtuals Protocol, originally built on Base, recently expanded its presence to Solana via LayerZero, launching a Meteora liquidity pool and introducing a SOL reserve funded by converting 1% of trading fees into SOL. Additionally, the protocol is executing a token burn, eliminating nearly 13 million VIRTUAL from circulation to strengthen its ecosystem.
