INFCL

Altcoins Surge as ETH and XRP Dominate Volumes in Korea

1. Market Overview Last week, API3, Aerodrome Finance, and BIO Protocol were newly listed on Korean exchanges, drawing attention to mid-cap narratives. Trading remained concentrated on majors, with ETH ($3.44B), XRP ($2.48B), and BTC ($1.37B) leading Upbit, while XRP ($1.12B), ETH ($1.12B), and USDT ($743M)

Newsletter

Rising Volumes, New Listings, and a Meetup Frenzy in Korea

1. Market Overview Last week, the Korean market saw fresh listings with Cyber and Towns joining the lineup, alongside continued strong activity in large-cap assets. ETH and XRP led overall trading by a wide margin, each recording multi-billion dollar turnover, while SOL and BTC also maintained heavy volume. This confirms

Newsletter

Korean Crypto Volumes Surge with PROVE’s Breakout

Last week saw notable new listings across Korean exchanges, with Upbit adding Succinct and Story Protocol, and Bithumb introducing Succinct and Treehouse. Despite the overlap in listings, Upbit maintained a dominant lead in trading activity, regularly surpassing $3 billion in daily volume and peaking above $8 billion on July 24.

Newsletter

Speculation Rises on New Listings as Traders Eye Mid-Cap Moves

Last week, Korean exchanges introduced a small but notable batch of new listings, with Upbit adding Optimism (OP) and Omni Network (OMNI), while Bithumb listed Chainbase (C). Upbit maintained a dominant lead in trading activity, regularly capturing the majority of daily volume and peaking close to $10B on multiple days

Research

Speculative Tokens Drive Korean Volume, Upbit Stays on Top

1. Market Overview Last week, Korean exchanges added a few new tokens, with Upbit listing Maple Finance and Bithumb adding Lista DAO and Merlin Chain. While both exchanges are expanding their offerings, Upbit maintained a significant lead in market dominance, recording multiple days above $10 billion in daily trading volume.

Newsletter

Altcoins Rotate, Majors Hold Strong: Korea’s Steady Summer Flow

1. Market Overview Last week, Korean exchanges remained active with new listings. Upbit introduced Caldera (ERA), while Bithumb listed both Caldera and Eclipse (ES), continuing their trend of adding ecosystem-driven projects. These listings attracted moderate attention, especially from users engaged in altcoin rotations. In terms of trading activity, top-tier KRW

스페셜 리서치

BCG 스테이블코인 리서치 요약

얼마전 BCG에서 스테이블코인 리서치가 발간 되었는데요. (원문보기) 보고서에서는 현재 스테이블코인이 '브레이크아웃 모멘트(breakout moment, 대규모 채택)'를 맞이하고 있고, 금융 산업 리더들이 스테이블코인의 잠재적 기회와 가치 창출 전략을 모색해야 한다고 이야기하고 있습니다. 아래는 리서치에 대한 요약입니다. 현황 • 스테이블코인은 2024년 기준 2,100억 달러의 시가총액과 26조 달러의 거래량을 기록했고

Newsletter

Speculation Spikes in Korea as Altcoin Volumes Hit New Highs

1. Market Overview Last week, Korea’s crypto market spotlighted new listings and surging retail momentum. Upbit introduced Hyperlane and Ethena, while Bithumb listed Hyperlane and Resolv. Among them, Hyperlane stood out by driving massive speculative interest on Upbit, quickly ranking second in weekly trading volume. Trading activity on both

Newsletter

Speculation Rises, Traders Shift, and Korea Eyes Stablecoin Future

This week, Korean crypto trading saw strong interest in both major tokens and speculative mid-caps. On Upbit, XRP, BTC, and CBK led volumes, while memecoins like MOODENG and BONK showed notable activity. Bithumb mirrored these trends, with rising retail attention on PENGU, MEV, and other niche assets. Top gainers included

Newsletter

Double Debut: Newton & Sahara Hit Korea’s Top Exchanges

Last week, Korea’s crypto market was marked by fresh listings and shifting retail narratives. Newton and Sahara AI drew significant attention with well-executed local campaigns—Newton leveraging a Korean-exclusive leaderboard on Kaito, while Sahara AI sustained engagement with consistent meetups and a oversubscribed token sale. Trading volume trends highlighted

Newsletter

Midcaps Heat Up, Legacy Tokens Rotate, and Korea Holds Steady

1. Market Overview Last week, Korean exchanges continued to show healthy trading activity, with Upbit leading in altcoin liquidity and Bithumb maintaining stablecoin-heavy flows. XRP once again dominated volume across both platforms, while mid-cap tokens like SNT, AERGO, ALT, and LAYER surged in activity—indicating a shift in retail attention

Midcaps Shine, Community Gathers, and Korea Stays Risk-On

1. Market Overview Korean exchanges continued to push new listings last week: Upbit added Axelar, while Bithumb listed dogwifhat (WIF) and Pocket Network (POKT)—the latter fueling strong trading momentum and leading Upbit’s top gainers with a 42.6% weekly rise. In trading activity, ETH, XRP, and BTC remained

Newsletter

Events Go Viral—and So Do Tokens

1. Market Overview Korean exchanges kept up momentum last week, with Upbit listing Ravencoin and Bithumb adding Sophon and Lagrange—the latter continuing its aggressive support for narrative-driven tokens. Sophon, backed by top VCs, drew attention through Binance + Upbit listings and strong pre-listing campaigns. But it was Lagrange that stole

Newsletter

Narratives Rule Everything Around Korea: INIT, Sophon & Beyond

1. Market Overview Last week, Korea’s crypto market spotlighted narrative-driven listings and diverging strategies between Upbit and Bithumb. Sophon launched with Upbit listing and a long-anticipated TGE, following a $60M node sale. Despite early delays, consistent KOL updates helped build retail momentum. Initia also impressed with a gamified testnet

Newsletter

Narratives, Airdrops, and Beets: Korea’s Crypto Week in Full Swing

1. Market Overview Korea's crypto exchange landscape last week showed contrasting strategies as Bithumb pushed forward with aggressive listings while Upbit maintained a more selective approach. Both exchanges introduced NEXPACE, but Bithumb expanded further with coins like Bluefin (BLUE), SOON (SOON), and Wayfinder (PROMPT), indicating a strategy focused

Newsletter

MapleStory Hype Powers NXPC Surge Amid Flat Market Activity

1. Market Overview South Korea’s crypto market saw relatively stable trading activity this week, with no major fluctuations in overall volume or sentiment. While Bitcoin and Ethereum maintained solid liquidity, the spotlight shifted to specific altcoins that captured community interest. Most notably, NXPC, backed by the globally popular MapleStory

Newsletter

Exchange Listings and Altcoin Surge Boost Korean Market Activity

1. Market Overview Last week, major Korean exchanges Upbit and Bithumb introduced several new tokens, signaling a proactive listing strategy amid rising user interest. Upbit listed Celestia (TIA) and Pudgy Penguins (PENGU), while Bithumb added Particle Network (PARTI) and Balance (EPT). Notably, Particle Network's debut was amplified by

Newsletter

Organic Momentum and Strategic Listings Shape Korean Crypto Market

1. Market Overview Last week, South Korea's crypto market saw a notable slowdown in overall trading volume, with Upbit averaging $2.3 billion and Bithumb $808 million in daily trades—a decline compared to the previous period. Despite this pullback, activity around newly listed tokens provided localized momentum.

스페셜 리서치

에이셔(Aethir): 분산형 GPU 클라우드 인프라를 AI, Gaming, RWA 시장으로 확장

들어가며 2024년 기준, 전 세계 AI 시장 규모는 2,340억 달러에 달할 정도로 성장했지만, GPU 연산 인프라의 높은 비용과 복잡성으로 인해 ‘AI 개발의 부익부 빈익빈 현상(AI wealth gap)’이 심화되고 있다. 거대 테크 기업들은 전용 데이터센터와 자본을 바탕으로 AI 혁신을 주도하는 반면, 스타트업, 개인 개발자, 학계 연구자 등은 필요한

Newsletter

Korean Exchanges Highlight Altcoin Activity Amid Shifting Market Trends

1. Market Overview Last week, South Korea’s cryptocurrency exchanges saw heightened activity, particularly in the altcoin sector, as Bitcoin dominance weakened. Upbit and Bithumb each introduced new listings, including DeepBook on Upbit and PumpBTC, Grass, and XYO Network on Bithumb, reflecting a continued push to diversify offerings beyond major

스페셜 리서치

기술을 넘어서 생태계로 디핀(DePIN)의 도전과 가능성 - XPIN Network

들어가며 디핀(DePIN, Decentralized Physical Infrastructure Networks)은 퍼블릭 블록체인 위에서 크립토 인센티브를 활용해 물리적 인프라를 효율적으로 구축하고 운영하는 개념이다. 블록체인 기반의 디지털 시스템이 현실 세계의 자원과 연결되기 시작하며, 물리적 하드웨어를 블록체인 네트워크에 올리고 다양한 주체들에게 해당 생태계 참여를 장려하는 모델로 주목받고 있다. 퍼블릭 블록체인 위에 구축된 모든 물리 인프라는

Newsletter

AERGO Volatility Dominates Korean Market Amid Declining Volumes

—Meanwhile, ETH Seoul & BUIDL Asia Kept the Community Buzzing Offline 1. Market Overview This week, the Korean crypto market showed mixed signals with declining trading volumes but significant activity in select assets. AERGO dominated as the standout performer with extreme volatility, recording $3.9 billion in trading volume on

Newsletter

Korean Crypto Sentiment Remains Flat with Weak Momentum

1. Market Overview This week, the Korean crypto market showed a mixed performance, with a slight increase in trading volume, but overall sentiment remained weak. Major cryptocurrencies such as XRP and AERGO saw notable trading activity, but the broader market continued to show uncertainty. XRP recorded strong volumes, while AERGO

From Memes to Markets: How Narrative Layers Are Driving the New Crypto Cycle

1. Market Overview Korean crypto markets remained sluggish despite a series of new listings, with overall sentiment still flat and speculative capital flow showing signs of exhaustion. While Upbit maintained dominance over Bithumb, the weekly spot volume declined by 13% to 31.3B KRW, reinforcing the notion that retail activity

Walrus, Nillion, RedStone Step In — Can They Spark a Turnaround?

Recently, several new coins have been listed on major Korean exchanges. Upbit listed Walrus (WAL), while Bithumb listed Redstone (RED), Nillion (NIL), Walrus (WAL), and Orca (ORCA). The listing dates are as follows: on March 25, Bithumb listed Redstone (RED) and Nillion (NIL), and on March 27, Walrus (WAL) was