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Invezz 2025-03-21 11:11:58

OCRA token soars 197% after listing on major exchange

OCRA price jumped by 197.1% to hit a three-month high of $5.17 following a listing announcement by Upbit , a leading global cryptocurrency exchange based in South Korea. This dramatic surge, recorded on March 21, 2025, has thrust the Orca token into the spotlight, captivating traders and investors alike. With a trading volume soaring to $527,109,410 in just 24 hours and a market cap climbing to $254,170,790, the Ocra token price reflects a powerful market response to its newfound accessibility on one of the most trusted platforms in the crypto ecosystem. The listing announcement has not only boosted the OCRA price but also sparked widespread interest in what this Solana-based decentralized exchange (DEX) has to offer. What is Orca? Orca stands out as a premier decentralized exchange on the Solana blockchain, often hailed as the most user-friendly Ocra DEX in the ecosystem. Launched as one of the first general-purpose automated market makers (AMMs) on Solana, it empowers users to swap assets, provide liquidity, and earn yield through an intuitive interface. The Ocra token price surge underscores its growing prominence, driven by features like low-fee, near-instant token swaps made possible by Solana’s high-throughput and low-latency architecture. Beyond trading, Orca serves as a versatile “money-lego” for projects, allowing developers to integrate swapping, Ocra token farms, and on-chain data into their decentralized applications (dApps). The Ocra token itself plays a pivotal role in governance, enabling holders to propose and vote on platform agendas, further enhancing its utility. The technology powering the Ocra DEX is rooted in Solana’s robust infrastructure, leveraging a unique Proof of History (PoH) and Proof of Stake (PoS) consensus mechanism to ensure security and efficiency. This foundation protects against bad actors while delivering a seamless experience for users. Orca also introduces tools like the Ocra token creator and Ocra token generator, which simplify token issuance without coding expertise, broadening access to DeFi innovation. With a focus on capital efficiency and human-centred design, the Ocra DEX appeals to both novices and seasoned traders, making the Ocra token price a barometer of its rising adoption. Its commitment to democratizing finance shines through in offerings like Ocra token farms and yield opportunities, positioning it as a key player in the DeFi space. Upbit listing fuels Ocra token price surge The catalyst behind the staggering 197.1% OCRA price increase lies in Upbit’s announcement on March 21, 2025, at 13:57 KST, introducing trading support for Orca token in KRW, BTC, and USDT markets. Deposits and withdrawals began within two hours, with full trading kicking off at 17:00 KST, exclusively on the Solana network. Upbit Korea @Official_Upbit · Follow Replying to @Official_Upbit Market Support Orca(ORCA)✅ Supported Markets: KRW, BTC, USDT Market📅 Trading opens at: 2025-03-21 17:00 KST estimated🔗Discover more: upbit.com/service_center… #Upbit #ORCA @orca_so 8:59 AM · Mar 21, 2025 4 Reply Copy link Read more on Twitter The exchange imposed temporary trading restrictions—such as a five-minute buy order limit and a one-hour restriction on non-limit orders—to manage volatility, yet the Ocra token price continued its upward trajectory. This listing on Upbit, renowned for its reliability and large user base, has unleashed a wave of enthusiasm, propelling the Ocra token price from a 24-hour low of $1.55 to a high of $5.06. Notably, Upbit’s move amplifies Orca’s reach, particularly in the Asian market, where Korean traders are known for their active participation. This listing aligns with Orca’s mission to bring DeFi to the masses, enhancing liquidity and visibility for the Ocra token maker ecosystem. The announcement also highlighted Orca’s CLMM (Concentrated Liquidity Market Maker) style and tools like the Ocra token generator, reinforcing its appeal to both retail and institutional players. The post OCRA token soars 197% after listing on major exchange appeared first on Invezz

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