Optimism (OP) Trading Volume Explodes by 303% After Upbit Listing Announcement

• OP surged 7.8% in one hour following Upbit’s listing announcement.
• Upbit listing includes KRW, BTC, and USDT pairs, with temporary trading restrictions applied.
• Technical indicators like RSI (66.90) and MACD crossover signal strong bullish momentum.

The price of Optimism (OP), the Ethereum Layer 2 scaling solution, surged 7.8% within an hour following news of its listing on Upbit, South Korea’s largest cryptocurrency exchange. The sudden spike saw OP hit $0.808, marking a 10% increase over the past 24 hours and a staggering 303% jump in trading volume.

Upbit Listing Triggers Rally

Upbit officially announced the listing of OP with trading pairs in Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). 

Trading is scheduled to go live at 16:30 KST on July 28. Deposits are already available via the Optimism network, with withdrawals to be enabled shortly after the market opens. 

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