Bithumb, a major cryptocurrency exchange, has added a South Korean Won (KRW) trading pair for Across Protocol (ACX) as of March 22, 2025. The addition took place in South Korea, expanding ACXโs trading options for users.
This step signifies an expanding acceptance of Across Protocol within the crypto exchange community. The inclusion of a KRW market set potential benefits for local traders, marking an important stride in the currencyโs market integration.
Bithumb Launches KRW Pairing for Across Protocol
The new KRW trading pair allows traders to use South Koreaโs currency to trade Across Protocol tokens on Bithumb. Launched in November 2022, Across Protocol functions on the Ethereum platform and supports interoperability.
At the center of this is Bithumb, one of South Koreaโs leading exchanges, and Across Protocol, a cross-chain token. This collaboration introduces new trading opportunities, potentially increasing liquidity and market participation.
ACX Price Jumps 47% with Bithumb Exposure
Across Protocol (ACX), supported by 114 market pairings, holds a market cap of $168.74 million. Its price recently surged, experiencing a 47.25% change in 24 hours. Trading volume witnessed a remarkable 268.8% upward movement as per CoinMarketCap data.
The trading for the ACX/KRW pair opened at 5:00 PM KST on March 22, 2025.
Industry experts anticipate the increased exposure through Bithumb could drive greater investment and trading activity. Analysts suggest possible regulatory impacts, as increased domestic accessibility aligns with South Koreaโs evolving market regulations.
Comparing ACX to Rippleโs KRW Integration Success
This aligns with previous Korean market expansions, mirroring Rippleโs early KRW pair addition that facilitated broader adoption. Historical developments indicate such introductions often coincide with a surge in trading volume.
According to analysis from Kanalcoin, this opening provides ACX a foothold within South Koreaโs dynamic crypto market. Historical analysis indicates increased collaborative opportunities for this expanding ecosystem, potentially reshaping ACXโs market trajectory.