ALT Token Surges 100% After Upbit Listing, Trading Volume Tops 100 Million Amid Altcoin Rally

On June 16, 2025, Altlayer (ALT) experienced a significant price increase following its listing on Upbit with KRW and USDT trading pairs, which led to over 100 million ALT and several million USDT traded within hours. The listing coincided with a rapid price surge, where ALT briefly exceeded $0.05, gaining more than 100% within 15 minutes, reflecting heightened trading activity and volatility. This spike aligns with a broader trend in June 2025, where altcoins have shown strong momentum amid increased investor optimism and capital rotation away from major assets. According to Binance data, ALT is currently trading at $0.03717, up 47.79% from its 24-hour open of $0.02515, indicating continued high demand and volatility in the wake of the Upbit listing and broader altcoin market strength. While ALT is not listed among the top 50 cryptocurrencies by market cap or volume on major tracking platforms, recent trading activity and price movements are primarily attributed to the new exchange listing and the ongoing altcoin rally in the overall crypto market.