Upbit Lists SunPump Amid Token-Listing Spree

Leading South Korean crypto exchange Upbit has announced the listing of SUN, the native token of the memecoin launchpad and trading platform SunPump, built on TRON (TRX).

Upbit Lists Sunpump Amid Token Listing Spree

According to the announcement, SUN will be available for trading in KRW and USDT pairs starting from 12:00 PM KST on September 22. All deposits and withdrawals will be exclusively supported via the TRON network.

This move adds another major exchange to SUN’s trading roster, following listings on Binance, Bybit, HTX, Gate.io, Bithumb, KuCoin, and MEXC.

Upbit vs. Bithumb: The Listing Race

Upbit Announcement
Upbit Announcement

The SUN listing is part of Upbit’s broader accelerated token-listing strategy aimed at maintaining its leading position amid intensifying competition from rival Bithumb. According to Seoul Economic Daily, Upbit has been adding new tokens at a rapid pace in recent weeks to counter Bithumb’s rising trading volumes.

What is SUN Token?

Launched in August last year, the SUN token serves as the governance token of SunPump, allowing holders to participate in Sun DAO, vote on platform upgrades, listing policies, and other key decisions.

SUN can also be staked to earn rewards, including long-term staking mechanisms such as veSUN. Additionally, it is used for paying platform fees, unlocking premium features, and joining new token launches.

Importantly, 100% of SunPump’s protocol revenue is allocated to buying back and burning SUN tokens, reinforcing its value within the TRON ecosystem.

Market Performance

According to CoinGecko, SUN is currently trading at around $0.03064, up 2.8% over the past 24 hours. Its market capitalization stands at approximately $588.91 million, with a fully diluted valuation (FDV) of about $611.46 million.

(1 vote)

5.0/5

(1 vote)

Latest

Binance.us Accused Of Political Favoritism After Listing Trump Family’s Usd1 Token

News | Editor Choice | Policy & Regulations

Binance.US Accused of Political Favoritism After Listing Trump Family’s USD1 Token

Binance.US is facing a wave of fierce criticism after listing the Trump family’s USD1 stablecoin, just a week after Donald Trump’s controversial pardon of Changpeng Zhao — a move many see as a “political favor” between the White House and the crypto world.

Spacex Moves $31 Million In Bitcoin, What Is Elon Musk Planning

News | Bitcoin | Editor Choice

SpaceX Moves $31 Million in Bitcoin, What Is Elon Musk Planning?

SpaceX’s sudden $31 million Bitcoin transfer within just one week has sent shockwaves through the market, sparking speculation that Elon Musk may be preparing for a mysterious strategic move.

21shares Files For Hype Etf, While Bitwise’s Solana Etf Records

News | Altcoin | Editor Choice

21Shares Files for HYPE ETF, While Bitwise’s Solana ETF Records

The crypto ETF market is heating up as 21Shares and Bitwise roll out new products, signaling Wall Street’s growing interest in altcoins.

Bitcoin Eyes A Hopeful November Amid Fed Division On December Rate Cut

News | Bitcoin | Editor Choice

Bitcoin Eyes a Hopeful November Amid Fed Division on December Rate Cut

Following the Federal Reserve’s widely expected rate cut, the crypto market has yet to show signs of recovery as internal divisions over a potential December easing weigh on sentiment, making Bitcoin’s short-term outlook more cautious than ever.

Ethereum’s Key Changes After The Fusaka Upgrade

News | Altcoin | Editor Choice

Ethereum’s Key Changes After the Fusaka Upgrade

The Fusaka upgrade marks a pivotal step in Ethereum’s journey toward large-scale scalability, promising faster transaction speeds, enhanced security, and laying the foundation for the next explosive phase of the world’s leading blockchain.

Screenshot 2025 10 20 091338