Bithumb Debut Sends Euler (EUL) Prices Up 44% Amid DeFi Boom
South Korea’s second-largest cryptocurrency change, Bithumb, introduced at present that it will likely be itemizing Euler (EUL) on its spot buying and selling platform.
The announcement comes because the Euler community continues to realize traction within the decentralized finance (DeFi) house, attracting consideration from main exchanges and reaching document ranges of complete worth locked (TVL).
Bithumb Listing Triggers Double-Digit Rally For EUL
Euler is a decentralized finance (DeFi) protocol on the Ethereum (ETH) network that lets customers lend, borrow, and trade crypto property. Its governance token, EUL, is used for voting and ecosystem incentives.
According to the announcement on Bithumb’s official web site, EUL will probably be obtainable to commerce towards the Korean Won (KRW). The change notified its customers that buying and selling will start at 5:00 PM Korean Standard Time (KST).
The change confirmed that EUL will probably be supported solely on the Ethereum network. The reference value for the itemizing has been set at 12,930 KRW.
“In compliance with the Travel Rule, deposits and withdrawals are supported solely by means of digital asset service suppliers (VASPs) exchanges supported by Bithumb. If property are deposited by means of an change not included within the record of supported exterior exchanges, the deposit won’t be processed, and it might take a very long time to return the unprocessed deposit,” Bithumb added.
Euler’s itemizing provides another altcoin option for South Korean buyers at a time when home exchanges are competing to diversify their choices. Meanwhile, as observed with many altcoins, EUL additionally noticed a value soar after the announcement.
Market information confirmed the worth surged almost 44% from $9.6 to $13.8. As of press time, it has stabilized at $12.7, reflecting a 31.55% acquire.
The value pump additionally positioned EUL as the highest gainer among the many high 300 cryptocurrencies on CoinGecko. Furthermore, the buying and selling quantity rose 251% to $8.5 million. HTX accounted for almost all of this exercise.
The itemizing is one other milestone for EUL and got here almost a month after the main US-based change, Coinbase, also added buying and selling help for the altcoin.
Besides the worth, the community itself has seen substantial progress. Data from DefiLama revealed that Euler’s TVL reached a brand new all-time high (ATH) of $1.52 billion at present. This represents an almost 15-fold improve because the starting of 2025.
Financial metrics additional spotlight Euler’s momentum. Token Terminal data indicated that the protocol’s income and charges have grown over 500percentin 2025, reflecting robust person adoption. With robust community progress, rising monetary metrics, and rising change help, EUL continues to draw consideration as one of many extra dynamic altcoins in 2025.
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