Upbit Listing Sparks Bull Run for Balance (EPT) and Axelar (AXL) Tokens

Upbit, the leading South Korean cryptocurrency exchange, brought Axelar AXL $0.51 24h volatility: 60.3% Market cap: $486.18 M Vol. 24h: $131.37 M and Balance (EPT) to its listing spotlight.

The Korean centralized exchange will list AXL at 07:00 UTC and EPT at 09:00 UTC on June 10. Balance will only be available to trade with USDT USDT $1.00 24h volatility: 0.0% Market cap: $155.23 B Vol. 24h: $31.34 B , while users will be able to swap AXL with USDT and the South Korean Won.

South Korea’s largest cryptocurrency exchange, UPBIT, has announced that it will list the Balance (EPT)/USDT trading pair and Axelar (AXL) trading pairs with KRW and USDT on June 10. Balance is a project dedicated to enhancing the Web3 user experience through the use of AI.…

— Wu Blockchain (@WuBlockchain) June 10, 2025

Minutes after the initial announcement, both tokens recorded sharp price hikes.

AXL rallied 65% in 24 hours to $0.53. Its market cap surpassed the $500 million mark, making it the 114th-largest digital asset in the market. Axelar’s daily trading volume increased by nearly 900% to $88 million.

EPT rose by 22% in the past 24 hours and is trading at $0.0078 at the time of writing. The asset also recorded an 85% surge in its 24-hour trading volume, reaching $19.7 million. Balance currently has a market cap of $19.2 million.

Not Just the Tokens

Upbit’s latest listings come as the broader crypto market gained bullish momentum. The global crypto market cap increased by 1.8% to $3.5 trillion, according to data from CoinGecko.

Data shows that the Korean exchange saw a 60% rise in its trading volume, reaching $1.8 billion.

Upbit has listed 251 coins for trading. Most of its latest listings have triggered similar gains. For example,  SOON rose by 15%, DEEP price doubled, and WCT surged by 36% right after the exchange’s announcement.

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