Bithumb Lists Haedal Protocol for Korean Won Trading
Bithumb, a leading South Korean cryptocurrency exchange, announced the listing of Haedal Protocol (HAEDAL) for KRW trading, causing a 50% price surge.
- Bithumb lists Haedal Protocol for KRW trading on May 2.
- HAEDAL surged by 50% pre-listing.
- Market capitalization hit $32 million post-announcement.
Haedal’s listing on Bithumb signifies increased liquid staking opportunities in South Korea, stimulating market excitement with a 50% token price surge.
Bithumb’s decision to list Haedal Protocol (HAEDAL) has notable implications for the South Korean market. The listing followed other major exchanges, such as Binance Alpha and KuCoin, indicating strong industry interest. Bithumb’s significant role as a major exchange is enhanced by this strategic addition.
The decision impacts both the Haedal token and the Sui blockchain ecosystem, with the market responding positively with a 50% token price increase. Investors saw this as a major opportunity, boosting HAEDAL’s market capitalization to $32 million. The move underscores the growing relevance of liquid staking solutions across Asia.
On the financial landscape, daily trading volume for HAEDAL increased by 20%, signaling strong investor interest. Financial analysts anticipate further growth in liquid staking solutions across the global crypto markets. The listing price of ₩178 reflects a bullish sentiment in line with other exchanges’ outcomes. Historical trends from recent exchange listings suggest increased trading interest and strategic positioning within the digital asset market.
The surge in HAEDAL’s price ahead of its Bithumb listing highlights positive market sentiment and investor interest in liquid staking solutions. – Mark Johnson, Editor, Followin
More From Crypto News
Bitcoin Miner Selling Pressure Eases as Revenues Rise 78%
Bitcoin miner selling pressure is easing as miner revenues post a reported 78% increase, according to CryptoPotato. The shift marks a notable change from the ag...
Ethereum Selling Pressure Builds as ETH Falls Below 50-Day SMA
Ethereum is facing renewed selling pressure after ETH slipped below its 50-day simple moving average, a technical level closely tracked by short-term traders as...
Ledger Investigates Reported $86M Crypto Drain
Ledger is reportedly investigating a crypto drain estimated at $86 million, with reseller supply-chain concerns emerging as a central question in the case. The...
NEAR Rises 10% as Bitcoin Rebounds Toward $83K
NEAR Protocol surged more than 10% on October 10, 2026, hitting $5. 25 and posting the strongest daily gain among larger-cap altcoins, as Bitcoin shook off a mu...
Ethereum ETF Approval Prediction Market: Can It Drive Demand This Week?
A new weekly prediction market on CryptoSlate is tracking where Ethereum closes by October 11, 2026, with the sub-$2,400 outcome currently leading at 15. 5%.
THORChain TRON USDT Swaps Resume After $1.45M Freeze
THORChain has resumed TRON USDT swap functionality after $1. 45 million in USDT was frozen across four protocol vaults, restoring access for traders routing sta...
