RVN Token Soars 62% on Upbit KRW Listing, Trading Volume Hits $395M Amid Volatility

Ravencoin (RVN) experienced significant price volatility in the last 24 hours, primarily driven by its listing on Upbit with a KRW trading pair on June 5, 2025. The announcement and subsequent trading activity on Upbit led to a surge in retail demand from South Korean traders, causing RVN’s price to spike by as much as 62% intraday and daily trading volume to reach $395 million globally. Technical momentum was reinforced as RVN broke through multiple resistance levels, but the sharp influx of buying was followed by a rapid correction as profit-taking set in.

On Binance, RVN is currently trading at $0.01481, up 36% from the 24-hour open of $0.01089, reflecting ongoing volatility and elevated trading activity. Market capitalization stands at approximately $138 million with a circulating supply of 15.01 billion RVN. The recent price action is closely linked to the Upbit listing event, making RVN one of the most actively watched assets in the market over the past day.