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 Futures Liquidations Hit $143M as ETF Flows Fail to Set a Price Floor
Bitcoin futures liquidations reached approximately $143,016,790 in the 24 hours to 06:53 UTC on Oct. 7, 2026, according to CoinGlass data cited by CryptoSlate,...
Ethereum Layer-2 Abstract to Shut Down Dec. 15 After 400,000 Users
Ethereum layer-2 network Abstract is shutting down on December 15, ending a project that had attracted 400,000 users before its team chose closure over a token...
Bitcoin Falls Below $84,000 as Altcoins Extend Losses
Bitcoin fell below the $84,000 mark, triggering a broader wave of selling across the crypto market as altcoins extended their own losses in tandem. The move put...
Sberbank Approved as Crypto Custodian for Bitcoin and Ethereum
Russia’s Sberbank has received regulatory approval to operate as a crypto custodian for Bitcoin and Ethereum, marking one of the most significant moves yet by a...
24,000 BTC Reportedly Left Crypto Exchanges: What It Means
An estimated 24,000 BTC reportedly left crypto exchanges in a notable outflow event, reducing the Bitcoin supply immediately available for spot trading. The int...
1.6 Billion XRP Transferred to Binance Amid Exchange Transfer Surge
A transfer of 1. 6 billion XRP to Binance has drawn attention as part of a broader surge in exchange inflows, raising questions about potential selling pressure...
