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.
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