South Korea's premier crypto exchange, Upbit, commenced trading of the PLUME/KRW pair on November 26, 2025, which immediately sent the token's price soaring by nearly 45% to $0.044 on Binance.
This significant listing underscores growing institutional focus on tokenized assets and the rise of blockchain infrastructure for traditional finance, particularly in Asian markets.
Key Details of the Upbit Launch
- The PLUME/KRW trading began at 3:00 PM KST on the Ethereum network.
- Upbit imposed strict volatility controls for the initial hours, including:
- Restricting buy orders for the first five minutes.
- Banning sell orders below 10% of the previous day's Bitcoin close price.
- Allowing only limit orders for the first two hours to prevent market-driven price swings.
- The strong demand from Korean retail investors, now with direct KRW liquidity, caused PLUME's trading volume to surge above historical averages.
- The immediate price jump is consistent with the "Korean premium" often seen following major Upbit listings.
Plume Network's RWAfi Focus
- PLUME is the utility token for the Plume Network, the first permissionless blockchain dedicated entirely to Real-World Asset (RWA) finance.
- The network is an EVM-compatible Layer 2 that facilitates DeFi activities (staking, lending, swaps) using tokenized assets like private credit, bonds, and commodities.
- A May 2025 review by the SEC's Crypto Task Force highlighted Plume as a compliant public blockchain designed to advance RWA adoption, boosting its credibility.
- Over 180 projects are currently developing on Plume Network, showcasing its position at the forefront of RWA tokenization.
The Upbit listing provides PLUME with crucial liquidity and market exposure, particularly on the exchange's KRW board, which is a key gateway to broader Asian markets and plays a vital role in price discovery for new assets in the region.
November 2025, Cryptoniteuae