Key Points
- Bithumb listed Orderly Network (ORDER) earlier today, supporting the KRW market.
- Following the announcement, ORDER price surged by over 60%, reaching a new ATH.
Bithumb, South Korea’s second-largest crypto exchange, announced the Orderly Network (ORDER) listing, supporting the Korean Won market.
According to the exchange’s official announcement, trading for the ORDER/KRW pair opened about an hour ago.
After Bithumb announced the new listing, ORDER’s price surged by over 60%.
ORDER Price Reaches a New ATH, Following Bithumb’s Listing Announcement
Before the crypto exchange announced the new listing, ORDER was trading at around $0.17 levels and had a market cap of over $35 million, and after Bithumb released the listing notes, the digital asset’s price spiked by over 60%, reaching $0.3 and a market cap close to $65 million.
At the moment of writing this article, ORDER is trading near $0.29 and the coin has a market cap of over $60 million, following its earlier price spike to a new ATH.
In the past seven days, ORDER traded between $0.14 and $0.17, ahead of today’s impressive price performance.
Ahead of today’s announcement, the project marked another important achievement.
On December 2, the team behind the project revealed via a post on X that Orderly went live on Solana, and told users that they could benefit from one shared order book, bringing every trader on Solana and major EVM chains together under one roof. Also, users can enjoy deeper, stronger, and more accessible liquidity than ever.
What is Orderly Network (ORDER)?
Orderly Network is an L2 built on OP stack and delivers a permissionless liquidity layer for Web3 trading. It has one shared order book across different blockchains powered by Orderly Chain and LayerZero.
The project’s mission is reportedly to empower trading on any chain, asset, and interface. The platform offers spot and perpetual futures order books trading across Arbitrum, Optimism, Polygon, Base, Mantle, and Near.