PLUME Token Soars 45% as Upbit Opens KRW Market

Upbit, South Korea’s largest crypto exchange, began trading the PLUME token on November 26, 2025. The launch propelled PLUME’s price by almost 45%, reaching $0.044 on Binance.

The decision to list the PLUME/KRW pair highlights increasing institutional interest in tokenized assets. Blockchain infrastructure for traditional finance is drawing notable attention across Asian markets.

Upbit Launches PLUME Trading With Strict Controls

Upbit announced that trading for the PLUME/KRW pair began at 3:00 PM KST on November 26, 2025, on the Ethereum network. This listing is a pivotal moment for the first permissionless blockchain dedicated to real-world asset (RWA) finance.

The exchange initiated strict measures to curb volatility during early trading, restricting buy orders for the first five minutes and banning sell orders that were less than 10% of the previous day’s Bitcoin market close.

The exchange allowed only limit orders for the first two hours. This prevented market orders from triggering dramatic price swings.

Upbit set the previous day’s BTC closing price for PLUME at 0.0000003 BTC, or about 39.22 KRW, as a baseline.

In its announcement, Upbit warned investors of heightened volatility and the potential for discrepancies across exchanges. Following this announcement, PLUME price jumped by over 43% on the Binance exchange.

Alongside the PLUME price surge, the altcoin’s trading volume also soared above historical averages, reflecting strong demand from Korean retail investors who now have direct KRW liquidity.

This pattern of rapid gains is consistent with previous Upbit listings, as well as on other popular exchanges. Recently, the Zcash price soared following a similar listing announcement.

Social media reinforced the impact of Upbit’s listing. One crypto analyst observed on X (Twitter) that Korean markets push projects with substantial volume and conviction when they select them.

Another commentator highlighted the token’s instant surge, emphasizing the importance of direct KRW liquidity and Korea’s retail market exposure.

The listing brings PLUME valuable exposure on Upbit’s KRW board. For many projects, this is a key factor in reaching broader Asian markets.

South Korean crypto exchanges play a crucial role in price discovery, particularly for assets obtaining their first major fiat on-ramp in the region.

Plume Network’s RWAfi Infrastructure Gains Traction

Plume Network is the first permissionless, full-stack blockchain for real-world asset (RWA) finance. A May 2025 assessment from the SEC’s Crypto Task Force described Plume as a public, EVM-compatible blockchain designed to advance RWA adoption and integration.

The regulatory review addressed tokenization, compliance, and asset-backed finance, strengthening Plume’s profile in compliant RWAfi infrastructure.

The EVM-compatible Layer 2 network enables DeFi activities, including staking, lending, swaps, and loop strategies using tokenized assets such as private credit, government bonds, and commodities.

The network includes pUSD, pETH, and PLUME as main digital assets. PLUME acts as the utility token for transaction fees, governance, rewards, and staking.

According to RWA.xyz analytics, over 180 projects are developing on Plume Network. The ecosystem has launched tokenization engines and struck partnerships with financial infrastructure providers, positioning itself at the forefront of blockchain-based real-world asset systems.

Upbit’s listing gives PLUME fresh liquidity and market access amid rising institutional interest in tokenized assets.

The token’s future performance will likely depend on further ecosystem growth and adoption of RWAfi applications across the Plume Network.