Here is a summary of the key factors that have contributed to the price increase of Ravencoin:

Listing on Upbit: The inclusion of $RVN on Upbit on June 5, 2025, especially with a trading pair in the South Korean currency (KRW), opened the door to one of the most active retail markets in Asia, driving demand and trading volume. This resulted in a 44% increase in 24 hours and up to 70% in one hour, with trading volume skyrocketing by 3,000%.

Increase in trading volume and liquidity: The listing on Upbit led to greater market attention, which translated into a massive increase in trading volume and liquidity of $RVN.

In addition to specific events like those described above, the price of cryptocurrencies such as $BTC $ETH $BNB Ravencoin and many others is influenced by:

Market sentiment: The overall state of the cryptocurrency market and the "Fear and Greed Index" can significantly impact the price.

Regulations and laws: Changes in cryptocurrency regulation can have an important effect.

Project utility and tokenomics: The technology, the purpose of the project, and the design of the token economy (supply, burn, etc.) are fundamental to long-term demand.

Whale activity: Large investors can influence the price with their buying and selling movements.

News and macroeconomic events: Political events, the global economy, and the backing of public figures can also affect prices.

It is important to remember that the cryptocurrency market is highly volatile, and prices can fluctuate significantly in short periods of time. Thorough research is always recommended before making any investment decisions.