Upbit Lists Hyperlane BABY Tokens Sparking 95% 7% Gains

On July 10, 2025, Upbit, the leading cryptocurrency exchange in South Korea, announced the listing of two new digital assets: Hyperlane (HYPER) and Babylon (BABY). This move is part of Upbit's ongoing strategy to expand its offerings and provide more trading options for its users. HYPER will be available on the KRW trading pair, while BABY will be listed on both the BTC and USDT trading pairs. This decision allows traders to engage with these new tokens using different base currencies, potentially attracting a broader range of investors.

The listing of HYPER and BABY on Upbit is significant for several reasons. Firstly, it underscores Upbit's commitment to staying at the forefront of the cryptocurrency market by continually introducing new and innovative tokens. Secondly, it provides users with more diverse investment opportunities, which can be particularly appealing in a market known for its volatility and rapid changes. Additionally, the inclusion of both KRW and USDT trading pairs for BABY suggests that Upbit is catering to both local and international traders, further enhancing its global appeal.

The decision to list HYPER on the KRW trading pair is noteworthy. The Korean Won is the official currency of South Korea, and its inclusion as a trading pair indicates that Upbit is targeting the local market. This move can be seen as a strategic effort to tap into the growing interest in cryptocurrencies within South Korea, a region known for its tech-savvy population and high adoption rates of digital currencies. By offering HYPER in KRW, Upbit is making it more accessible for local investors to participate in the cryptocurrency market without the need for currency conversion.

Similarly, the listing of BABY on both the BTC and USDT trading pairs is a strategic move that caters to a broader audience. Bitcoin (BTC) is the most well-known and widely traded cryptocurrency, while Tether (USDT) is a stablecoin pegged to the US dollar, providing a stable value reference. This dual listing allows traders to choose the base currency that best suits their investment strategies, whether they prefer the stability of USDT or the potential for growth with BTC. This flexibility can attract a wider range of investors, from those seeking stability to those looking for higher returns.

Both digital assets experienced price surges following the exchange’s listing announcements. HYPER was trading at approximately $0.15 with a market cap of more than $26.7 million before Upbit announced its listing plans. Immediately after, HYPER price spiked by over 95%, reaching $0.31. The digital asset continued its upward trajectory, hitting $0.33 and a market cap of more than $58 million before settling at current prices. At the moment of writing this article, HYPER is trading above $0.29 with a market cap of more than $51 million.

BABY was trading at $0.04 with a market cap of over $118 million ahead of Upbit’s listing announcement. After the exchange revealed its notes, the BABY price spiked by almost 7%, reaching $0.05 and a market cap of more than $133 million. At the moment of writing this article, BABY is trading above $0.05, and the digital asset has a market cap of more than $124 million.

The listing of these new tokens on Upbit is expected to have a positive impact on the overall cryptocurrency market. The addition of HYPER and BABY to Upbit's platform can increase liquidity and trading volume, making these tokens more accessible and attractive to investors. This can lead to increased market activity and potentially higher prices for these tokens, as more traders and investors become aware of and interested in them. However, it is important to note that the cryptocurrency market is highly volatile, and the prices of these tokens can fluctuate significantly based on various factors, including market sentiment, regulatory changes, and technological developments.

In conclusion, the listing of Hyperlane (HYPER) and Babylon (BABY) on Upbit's platform on July 10, 2025, is a significant development in the cryptocurrency market. It reflects Upbit's commitment to innovation and its efforts to provide a diverse range of trading options for its users. The strategic decision to list these tokens on different trading pairs, including KRW, BTC, and USDT, caters to both local and international traders, enhancing Upbit's global appeal. This move is expected to increase market activity and potentially drive up the prices of these tokens, although the volatile nature of the cryptocurrency market means that prices can fluctuate significantly. Overall, this development highlights the dynamic and ever-evolving nature of the cryptocurrency market, with exchanges like Upbit playing a crucial role in shaping its future.