South Korea’s top cryptocurrency exchange, Upbit, has listed the Drift token, causing a surge in investor interest and a 100% increase in DRIFT price to reach a new all-time high. This listing is an important step for the Drift Protocol, a decentralized exchange on Solana, as it solidifies its position in the DeFi market.
After this successful listing, DRIFT is now trading around $0.90, with a 24-hour high of $0.9747. The DRIFT token listing on Upbit is a major factor in its surge in popularity and visibility, as it has also happened with other tokens like SAFE which surged 88% after listing on Upbit. However, traders’ interest in DRIFT seems to be dropping, as its open interest decreased by 8%, indicating the price surge may not last long.
