Haciyev Reşit 
Major exchange listing announcements continue to play a decisive role in price movements across the cryptocurrency market. One of South Korea’s largest crypto exchanges, Upbit, has announced that it will list the SKR token on its spot market. This development has increased investor interest particularly in Asian markets and quickly led to a surge in trading volume. Following the announcement, SKR experienced a notable price increase. The growing visibility, new investor inflows, and expectations of rising liquidity contributed to the token’s upward momentum. Major exchange listings are often considered strong catalysts for crypto projects, and the price surge in SKR appears to be a clear reflection of this effect.
Upbit Announces SKR Listing
According to the official announcement, SKR will be listed on Upbit’s spot market with trading pairs including KRW (South Korean Won) as the primary pair, along with BTC and USDT. Trading support is scheduled to begin on February 24, 2026, at 16:00 KST. This listing expands the token’s access to a global investor base while significantly boosting its visibility in Asian markets. Being listed on a high-volume exchange like Upbit typically means increased liquidity and new investor inflows. In particular, the addition of the KRW trading pair allows South Korean investors to access the project directly, potentially driving higher demand and trading activity. Given the South Korean market’s historically rapid reaction to altcoin listings, such developments are expected to influence both price and volume in the short term.
Price Rises After Listing Announcement
Following the listing news, SKR responded quickly in the market with a sharp price reaction. With rising trading volume and new investor participation, the token saw significant short-term gains.
According to analysts, major exchange listings typically:
- Increase trading volume
- Strengthen liquidity
- Trigger short-term price rallies
- Improve project visibility
The recent price movement in SKR appears to align with this classic “listing effect” seen across the industry.
What Is Seeker (SKR)?
Seeker (SKR) is a second-generation Android smartphone developed by Solana Mobile, focused on deep Web3 integration. Following the previously released Saga model, Seeker is positioned not just as a mobile device, but as a Web3-enabled platform capable of directly interacting with the Solana ecosystem. It offers on-chain identity and security layers at the hardware level. While traditional mobile ecosystems rely heavily on centralized app distribution, payment infrastructure, and revenue-sharing structures, Seeker along with the Solana Mobile Stack—aims to provide an open, community-driven mobile experience built on on-chain verification mechanisms.
The Impact of the South Korean Market
The South Korean crypto market is known for reacting quickly to listing announcements. Altcoins listed on exchanges such as Upbit and Bithumb often experience high short-term volatility and strong price movements. The introduction of the KRW trading pair may further increase local investor demand, leading some market participants to expect continued short-term price momentum for SKR. Upbit’s decision to list SKR in KRW, BTC, and USDT pairs had an immediate positive impact on price performance. Major exchange listings typically provide projects with enhanced liquidity and visibility, and SKR’s recent rally reflects growing investor interest. In the coming days, trading volume and overall market reaction will likely play a key role in determining the token’s price direction.
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