Gold 24K AED 489.87/gUSD/AED 3.6725USDT/AED 3.6723AED/INR 26.25All live rates →

SYRUP Soars Over 20% on Upbit Listing, Defying Market Downturn

Decentralized finance (DeFi) token SYRUP has emerged as today’s top gainer, surging over 20% in the past 24 hours. This impressive rally stands in stark contrast to the broader cryptocurrency market’s decline, highlighting strong bullish momentum for the altcoin. The double-digit climb follows SYRUP’s much-anticipated listing on Upbit, South Korea’s largest cryptocurrency exchange and a dominant force in the Asian trading landscape.

Upbit Listing Fuels SYRUP’s 30-Day High

During Friday morning’s Asian trading session, Upbit officially announced the launch of trading support for Maple Finance’s SYRUP token across its KRW, BTC, and USDT markets. This significant development immediately sparked a surge in market demand, propelling SYRUP to a 30-day high of $0.61 at the time of writing.

Despite a pullback in Bitcoin’s (BTC) price below $118,000, which has curbed investor interest across many assets today, SYRUP has demonstrated remarkable resilience. The token has recorded a 24-hour trading volume exceeding $420 million, with on-chain data indicating a more than 230% increase in volume as its price rallied.

The simultaneous surge in both price and trading volume for SYRUP following its Upbit listing is a strong indicator of genuine market interest and robust bullish momentum. This suggests that traders are actively accumulating the token, reinforcing the strength of its current breakout.

July 2025, Cryptoniteuae

📧 The Gulf reads Cryptonite first
Get MENA regulation moves, RWA deals and AI-money trends in one weekly brief — plus instant alerts when the MENA Regulation Tracker changes. Free, no spam.
Was this briefing useful?Thanks for the feedback!
Vaibhavv Ali
Vaibhavv Ali

Vaibhavv Ali is the founder and editor of Cryptonite (cryptonite.ae), an independent digital-asset news and analysis publication with a UAE focus. He covers virtual-asset regulation — VARA, ADGM and the UAE Central Bank — alongside real-world-asset tokenization, stablecoins and agentic AI in finance. Every Cryptonite article is human-edited and its sources are linked. He is also a celebrated speaker and host.

More articles by Vaibhavv Ali →
About  ·  Contact  ·  Privacy Policy  ·  Editorial Policy  ·  Advertise  ·  Newsletter
Follow: X  ·  LinkedIn  ·  Instagram  ·  Binance Square  ·  CoinMarketCap  ·  Gate