Astar

Polkadot

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Astar Network (ASTR) is advancing its reach after South Korean mega exchange Upbit&nbsp;<a href="https://twitter.com/Official_Upbit/status/1736656809996558781" rel="noopener noreferrer nofollow">announced</a> its plans to list the digital currency on its platform. This listing announcement sent the price of ASTR up 44% to $0.1194, with the 24-hour trading volume jumping parabolically to 2,880% to $406,063,178.
Despite being a Polkadot parachain, Astar Network has recorded a very slow month as its price, before this listing announcement, has been relatively flat on both the day chart and the weekly chart. With the massive price, Astar Network has now returned to its highest price level in 10 months, soaring as high as $0.1572.
According to Upbit, the projected support for ASTR/KRW was slated for 6:00 p.m. KST, meaning that as of the time of writing, the trading volume on the exchange contributed to a massive upsurge in the price of the ASTR.
Known as a region with a very high crypto engagement and adoption rate, extending Astar Network into the Korean market might considerably change its future liquidity provision as well as help steady its price from unpredictable fluctuations.
<h2 id="astar-network-and-korean-focus">Astar Network and Korean focus</h2>
Of all the prominent Polkadot parachain protocols, Astar Network is known for its robust developmental activity and&nbsp;<a href="https://u.today/japanese-railway-operator-launches-nfts-on-astar-network" rel="noopener noreferrer nofollow">product listings</a>. While it is a Japanese-based protocol, founder Sota Watanabe has revealed plans to also focus on the Korean market moving forward, considering that the country maintains a similar innovative spirit as Japan.
Since its inception, Watanabe has been exploring a lot of collaborations for Astar Network, and the effort has culminated in key&nbsp;<a href="https://u.today/toyota-partners-with-astar-network-astr-announces-web3-hackathon" rel="noopener noreferrer nofollow">partnerships like the one inked with Toyota,</a> which birthed an acclaimed Hackathon.
Astar Network is very bullish on its plans as the visions behind&nbsp;<a href="https://u.today/polkadots-astar-network-unveils-its-astar-20-vision" rel="noopener noreferrer nofollow">Astar 2.0</a> are being shared with key stakeholders in its ecosystem.

Astar Network (ASTR) Skyrockets 44% on Major Exchange Listing

Table of Contents

U_Today

Other articles published on Dec 18, 2023

BIS Unveils Sweeping Amendments with Key Focus on Stablecoins and ETFs

Metaverse Firm Improbable Offloads Gaming Subsidiary to Keywords for $96.8 Million

XRP Price Drops To $0.60 Mark As Whale Moves 25 Mln XRP, Will It Fall Further?

Despite gains for Avalanche (AVAX) and Fantom (FTM), Pullix (PLX) remains a crypto presale to watch

BONK and Meme Moguls Surge In Late-Night Buying Frenzy, How High Can they Go?

Pepe and Meme Moguls, The Next Meme Coins To Surge After BONK

Join our free newsletter for daily crypto updates!