Market News

Upbit Lists SKR & ESP: Seeker and Espresso Tokens Surge 62%+ on Korean Exchange News

Major Korean exchange Upbit announced spot trading for Seeker (SKR)—Solana Mobile’s ecosystem token—and Espresso (ESP), the shared sequencing network token, effective February 24, 2026. SKR opens at 16:00 KST with KRW, BTC, and USDT pairs, while ESP follows at 17:00 KST; Bithumb simultaneously adds ESP to its KRW market with a 149 KRW reference price. Post-announcement, SKR rocketed 62%+ with 700% volume explosion (Bithumb capturing 33%), while ESP hit new all-time highs near $0.16, up over 50%.

Token Backgrounds: Solana Mobile and Shared Sequencing

Seeker (SKR) powers Solana Mobile’s Seeker smartphone ecosystem, enabling decentralized app curation, staking to Guardians (validators verifying devices/apps), and governance across 150K+ devices. With 10B fixed supply and 30% airdrop allocation, SKR ties hardware (Seed Vault wallet, Genesis Tokens) to onchain incentives, differentiating via mobile-first economics.

Espresso (ESP) drives Espresso Network, a protocol delivering shared sequencing and confirmation across rollups/chains for unified liquidity and scalability. By confirming transactions rapidly across L2s, ESP addresses fragmentation, positioning it for explosive growth as multi-chain DeFi matures.[

Listing Timeline and Trading Pairs

TokenExchangeOpening Time (KST)PairsNotes
SKR (Seeker)Upbit16:00, Feb 24KRW, BTC, USDT+62% surge, 700% vol
ESP (Espresso)Upbit17:00, Feb 24KRW, BTC, USDTATH $0.16, +50%
ESP (Espresso)Bithumb17:00, Feb 24KRWRef price 149 KRW

Deposits/withdrawals activate soon after announcements; Korean retail inflows historically amplify listing pumps, especially for Solana ecosystem plays amid broader market fear.

Market Impact: Volume Explosion and Price Action

SKR’s 62% jump reflects hype around Solana Mobile’s 150K+ Seeker devices, Guardian staking, and massive airdrop (3B tokens to users/developers). Daily volume surged 700%, with Bithumb dominating 33%—signaling Korean capital rotation into mobile crypto. ESP’s 50%+ ATH run underscores shared sequencing demand as L2s proliferate, with Upbit/Bithumb listings providing KRW liquidity ramps.

Broader Context: Solana Ecosystem Momentum

These listings coincide with Solana’s mobile push (SKR via hardware incentives) and L2 scaling (ESP sequencing), contrasting crypto’s extreme fear (Fear & Greed 11, BTC $64K). Korean exchange stamps often sustain rallies, but volatility persists amid macro pressures.

Trading Strategy: Capture Listing Momentum

Upbit/Bithumb inflows create short-term pumps, but SKR’s staking utility and ESP’s infrastructure role suggest longer holds. Watch KRW pair premiums, volume fades, and Solana correlation for entries/exits.

Tapbit: Trade SKR, ESP, and Solana Plays Live

Tapbit delivers seamless access to high-momentum tokens like SKR and ESP, plus Solana ecosystem futures for amplified listing plays amid Korean exchange hype.

Join via Tapbit registration, access positions at Tapbit login, and track real-time charts on Tapbit price dashboard. Tapbit equips traders for Upbit-driven surges and Solana mobile/sequencing upside.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Crypto assets are highly volatile and may result in total loss.

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