ALT Token Soars 50.92% After Upbit Listing, Surpassing $0.05 Amid Record Trading Volumes

Altlayer (ALT) experienced a significant 24-hour price increase of 50.92%, rising from an open of $0.02510 to a current price of $0.03788, following its June 16, 2025 listing on Upbit with KRW and USDT trading pairs. The surge in trading volume—over 100 million ALT and 3.8 million USDT within the first day—along with a brief price spike above $0.05 and a 15-minute gain exceeding 100%, can be attributed to heightened market interest and volatility driven by the new exchange listing and increased investor attention. The broader crypto market remains active, with total capitalization around $3.30–$3.32 trillion and a neutral sentiment, while altcoins overall are gaining momentum amid strong trading activity.