Stader (SD) Defies Market Downtrend with 67% Surge Following Bithumb Exchange Listing Announcement

Bithumb exchange News - Stader's native token SD surged 67% after Bithumb's listing announcement, outperforming broader market conditions. The South Korean exchange will open KRW trading pairs for the multi-chain staking platform's token at 6:00 PM KST, with an initial reference price set at 918 KRW. Bithumb implemented strict trading controls including a five-minute buy order freeze and price volatility limits. The exchange will only support ethereum network transfers, reflecting increased institutional caution around new listings. As a non-custodial staking solution supporting Ethereum, Polygon, and BNB Chain, Stader's price movement demonstrates the significant impact of Korean exchange listings on altcoin valuations. Market participants are monitoring whether these gains will be sustained post-listing.