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Upbit Listing Sends ICP Toward $3 as Trading Activity Spikes

Direct KRW access on the platform expands liquidity for South Korean retail buyers.

Overview

  • South Korea’s largest exchange added ICP spot pairs in KRW, BTC and USDT, with trading going live around 17:00 KST.
  • ICP jumped roughly 10–12% to intraday highs near $2.90–$2.94 after the launch, having traded near $2.35–$2.40 earlier in the day.
  • CoinGecko data cited by reporters shows roughly $100 million was briefly added to ICP’s market capitalization as daily volume surged about 867%.
  • Price action reclaimed the 50-day moving average and is testing resistance in the $2.70–$3.00 zone as RSI and MACD readings point to improving momentum.
  • Market tailwinds included a Bitcoin move near $71,000 and renewed interest in AI-linked tokens such as the Artificial Superintelligence Alliance and Render.