Upbit Expands Trading Options with USDT Pairs for Optimism (OP)
South Korea's leading cryptocurrency exchange, Upbit, has announced the listing of Optimism (OP) trading pairs against KRW, BTC, and USDT. Optimism, a prominent Layer 2 solution for Ethereum, is designed to improve transaction efficiency and reduce costs. This development highlights the growing institutional adoption of scaling solutions as the digital asset ecosystem continues to evolve. The move is seen as a strategic expansion by Upbit to cater to the increasing demand for efficient and cost-effective blockchain transactions. With this listing, traders and investors will have more flexibility in trading OP, further integrating Layer 2 technologies into mainstream cryptocurrency markets.
Upbit to List Optimism (OP) Trading Pairs with KRW, BTC, and USDT
South Korea's premier cryptocurrency exchange, Upbit, is set to introduce Optimism (OP) trading pairs against the Korean Won, Bitcoin, and Tether. Optimism, a leading Layer 2 solution for Ethereum, aims to enhance transaction efficiency and reduce costs. This move underscores the escalating institutional embrace of scaling technologies as the digital asset ecosystem matures.
The listing reflects a strategic expansion of Upbit's market offerings, providing traders with diversified exposure to Ethereum's growing LAYER 2 landscape. Market observers view this development as a significant milestone for OP adoption among Asian investors.
Tether Mints Over 1 Billion USDT on Tron Blockchain
Tether has minted more than $1 billion worth of USDT on the Tron blockchain, marking a significant expansion of the stablecoin's circulating supply. The move highlights robust demand for dollar-pegged digital assets as market participants seek liquidity and cross-border efficiency in crypto markets.
Unlike routine issuances, this large-scale minting underscores Tether's strategic priority to maintain dominance across multiple blockchain networks. The stablecoin giant continues to play a foundational role in facilitating crypto trading and decentralized finance activity globally.
TRON Surpasses Cardano in Market Cap as Justin Sun Rings Nasdaq Bell
TRON has overtaken Cardano to become the ninth-largest cryptocurrency by market capitalization, now valued at over $29 billion. The network's robust performance includes processing more than 14 billion transactions and generating cumulative fees exceeding $2 billion.
Justin Sun marked a corporate milestone by ringing the opening bell at Nasdaq on July 24, following Tron Inc's rebranding and a $100 million equity investment to establish a TRX treasury. The blockchain now hosts over $80 billion in USDT, surpassing ethereum in stablecoin supply and daily transfers.
Analysts project steady upward momentum for TRX, with price targets between $0.40 and $0.45 by September. The network's daily transaction volume averages 8-9 million, nearly double its closest competitors.
