Across Protocol (ACX) Jumps Over 30% Amid Bithumb Listing Announcement

Across Protocol (ACX) has experienced a sharp price surge of over 30% after the announcement that Bithumb, one of South Korea’s largest cryptocurrency exchanges, will list the token. 

According to Bithumb’s official statement, ACX will be available for trading against the Korean won (KRW) starting at 5 p.m. on March 22. 

The development marks a significant milestone for Across Protocol, as the listing on a major South Korean exchange opens up the project to a broader investor base in Asia. 

Given South Korea’s prominence in the global cryptocurrency market, ACX’s inclusion on Bithumb is expected to drive increased liquidity, higher trading volumes, and greater adoption of the protocol.

ACX Price and Market Performance Reflect Growing Investor Confidence

The announcement has had an immediate impact on ACX’s market performance, with the token surging to $0.3886, marking a 35.92% gain in the past 24 hours. 

Over the past week, ACX has recorded an impressive 58.89% increase, reflecting strong investor confidence in the project. 

The trading volume in the last 24 hours has also spiked to $144.6 million, signaling heightened market interest and activity. 

With a circulating supply of 400 million ACX tokens, the protocol’s market capitalization now stands at approximately $160.1 million. 

The strong price movement suggests that traders and investors anticipate that the Bithumb listing will enhance ACX’s visibility and adoption, solidifying its position within the competitive DeFi landscape.

Across Protocol Expands Its Influence in the DeFi Ecosystem

Across Protocol is designed to facilitate seamless cross-chain asset transfers, addressing a crucial challenge within the decentralized finance (DeFi) sector. 

By enabling users to move digital assets efficiently across different blockchain networks, the protocol enhances interoperability and usability within the crypto ecosystem. 

The listing on Bithumb represents a strategic step toward expanding ACX’s reach and further cementing its role as a key player in DeFi. 

As demand for cross-chain solutions continues to rise, the ability of ACX to provide efficient, secure, and cost-effective asset transfers makes it a highly valuable tool for users navigating multiple blockchain platforms.

Also Read: Bithumb to Offer Goatseus Maximus Trading in Korean Won Pair, $GOAT Price Surges 4%

Bithumb Strengthens Its Role in Supporting Emerging Crypto Projects

Bithumb’s decision to list ACX underscores the exchange’s commitment to fostering innovation and supporting promising blockchain projects. 

As one of the leading cryptocurrency exchanges in South Korea, Bithumb plays a crucial role in shaping both local and global crypto markets. 

By adding ACX to its trading platform, the exchange not only provides investors with a new and exciting investment opportunity but also enhances the credibility of Across Protocol. 

The listing is expected to attract more traders to Bithumb, reinforcing its reputation as a forward-thinking exchange that embraces emerging trends in decentralized finance and blockchain technology.

Bithumb’s Track Record of Impacting Crypto Market Prices

The ACX listing follows a series of similar announcements from Bithumb that have led to notable price movements in other cryptocurrencies. 

Recently, Gnosis (GNO) saw a 25% price surge after being listed in Bithumb’s KRW market, with trading volume reaching nearly $29 million. 

Similarly, the GAME token experienced a 30% rally following its listing announcement, reflecting the strong influence Bithumb has on newly listed assets. 

Additionally, the exchange has confirmed plans to introduce trading pairs for PEAQ and VANA tokens, both of which have already seen price surges of 33% and 10%, respectively. 

These trends highlight Bithumb’s ability to drive market excitement and liquidity, making its listing announcements significant events for traders and investors alike.

Also Read: PENGU Memecoin Records 12% Rally As Bithumb Announces PENGU KRW Pair Listing