- Upbit lists Bio Protocol, impacting the DeSci sector.
- Market sees significant price and volume increases.
- Decentralized science tokens exhibit notable gains.
Upbit, South Korea’s largest crypto exchange, announced the listing of Bio Protocol (BIO) trading pairs against KRW, BTC, and USDT starting October 20, 2025, at 18:00 KST.
The listing spurred a significant price surge for BIO, impacting the decentralized science sector and highlighting Upbit’s influence in shaping global cryptocurrency flows.
Upbit, South Korea’s largest crypto exchange, announced it will list Bio Protocol (BIO) trading pairs against KRW, BTC, and USDT starting October 20, 2025. This significant move could alter the dynamics of the decentralized science sector.
The main entities involved are Upbit, which will execute the listing, and the Bio Protocol team. The listing process includes trade limitations initially to manage volatility, ensuring market stability and protecting investors.
Following the announcement, BIO saw a remarkable price increase, jumping between 40% and 58%. This surge reflects investor excitement and increases interest in the DeSci sector and related decentralized science tokens.
Financially, the market capitalization for BIO increased by 40%, moving it up to the top 200 cryptocurrencies. DeSci tokens experienced double-digit gains while Upbit’s visibility heightened the sector’s potential.
Simultaneously, the decentralized science sector as a whole appreciated by 11.5%, reflecting the positive sentiment and financial potential surrounding these technologies.
Historical data indicates Upbit listings often lead to sharp price and volume jumps, which emphasizes the role of major exchanges in token valuation. Experts highlight these patterns as influential in shaping market dynamics.
Simon Dedic, Investor, Crypto KOL: “Everyone knows what an Upbit listing can do by now. But have you ever seen a single Upbit listing send an entire category? Just when you think DeSci is dead, BIO comes out and single-handedly runs it back.”