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
Nasdaq Plans $100M Investment in Kraken Parent Payward
The deal is a proposed investment, not a completed one, making Nasdaq’s investment in Payward one of the larger strategic bets tied to bringing traditional stoc...
XRP Regulatory Milestone in Canada, ETF Options Hit US Market
The core claim is that XRP has secured another regulatory milestone in Canada. The reporting does not name the Canadian authority that acted, the entity or prod...
Bitcoin ETF Outflows Contrast With XRP Fund Inflow Streak
US spot Bitcoin ETFs bled $282. 7 million on September 10, 2026, a third straight negative session, even as XRP funds logged another day of inflows and extended...
Lummis: Clarity Act Has 100+ Democrat-Requested Changes
Senator Cynthia Lummis says the latest text of the Clarity Act carries more than 100 changes requested by Democrats, a claim that frames the bill’s newest revis...
Sam Bankman-Fried Petitions Supreme Court in FTX Fraud Case
The development, as reported by BeInCrypto , is that Bankman-Fried is seeking Supreme Court review of his fraud case. The details available at this stage are li...
XRP Healthcare Winds Down After Roughly $450K Wallet Theft
XRP Healthcare is winding down after an XRP Healthcare wallet flaw led to roughly $450,000 being drained from about 4,010 wallets, according to a developer inci...
