@KaiaChain's $KAIA token posted one of its sharpest single-day moves in months on October 9, 2026, as traders reacted to news that South Korea's leading crypto exchange @Official_Upbit would
@KaiaChain's $KAIA token posted one of its sharpest single-day moves in months on October 9, 2026, as traders reacted to news that South Korea's leading crypto exchange @Official_Upbit would list the asset across multiple trading pairs.
According to an official announcement, Upbit listed the KAIA token on its KRW, BTC, and USDT markets, with trading beginning at 18:30 KST on October 9. Buyers moved well ahead of that open. The KAIA listing news from South Korea's largest exchange landed on October 9, and buyers moved before a single trade had opened.
Kaia's KAIA token rose as much as 84% on Friday, October 9, after Upbit opened trading in the asset against the Korean won, Bitcoin and USDT at 18:30 KST. Reported gains varied across data providers depending on the measurement window, but the direction was unambiguous. The move saw trading volume balloon to more than 28 times its 30-day average, signalling a significant influx of liquidity and retail interest.
By 11:30 UTC the token was changing hands near $0.0615, which put the 24-hour gain at 58.5% and the market capitalisation at $396.1M.Earlier in the session the token climbed past $0.06, then eased back.
The listing gives Korean retail traders access to $KAIA on the country's deepest won order book, and it landed while the token was already nearly two months into a recovery from its August low.$KAIA already trades on Binance, Bithumb, Coinone, Bybit, OKX, Gate.io, KuCoin, MEXC, and Bitget, among others, so the Upbit addition represents a significant expansion of reach within the Korean retail market rather than a first appearance on a major venue.
Technical signals, however, urge some restraint. KAIA's 14-day Relative Strength Index (RSI) sat at 82.84 following the move. An RSI above 70 typically indicates that an asset is overbought, suggesting a pullback or consolidation phase could follow.The token also continues to trade 86.49% below its recorded all-time high, a reminder that even sharp listing-driven rallies can occur within longer-term downtrends.
Sources:PANews: Upbit to list KAIA token on KRW, BTC, and USDT marketsETHNews: KAIA Price Surges 65% as Upbit Opens Won TradingInteractiveCrypto: KAIA Explodes 41% on Upbit Listing, But Overbought Signals Cloud Outlook
