South Korea's largest cryptocurrency exchanges, Upbit and Bithumb, announced simultaneous listings of the PROVE token (native to Succinct Network) on August 6, 2025. Upbit launched trading across three markets: PROVE/KRW, PROVE/BTC, and PROVE/USDT, while Bithumb introduced only the KRW trading pair. Both exchanges confirmed Ethereum network support for deposits and withdrawals.
The listings triggered an immediate and substantial price surge for PROVE. As a blockchain interoperability infrastructure token, PROVE facilitates cross-chain communication and asset transfers within Succinct Network's ecosystem. Upbit's multi-pair offering significantly expands accessibility – enabling direct Korean Won trading, Bitcoin-denominated transactions, and stablecoin options through USDT pairs.
Industry analysts highlight that listings on South Korea's dominant exchanges typically drive heightened liquidity and investor exposure. Bithumb's exclusive KRW pairing focuses specifically on local retail traders, while Upbit's broader approach attracts international markets. The coordinated launch represents a major milestone for Succinct Network's adoption strategy.