TL;DR
- Upbit’s PLUME listing surged 45%, highlighting Korean market influence.
- The exchange used strict trading controls to limit volatility at launch.
- Plume Network is a blockchain specializing in real-world asset (RWA) tokenization.
Upbit, South Korea’s largest crypto exchange, opened trading for PLUME on November 26, 2025, and pushed the token up by nearly 45%, reaching $0.044 on Binance. The launch of the PLUME/KRW pair reflects rising institutional interest in tokenized assets and in blockchain infrastructure linked to traditional finance across Asian markets.
Upbit begins trading with strict controls
Upbit reported that PLUME/KRW went live at 3:00 PM KST on the Ethereum network. The launch marks a new step for a permissionless chain focused on real-world-asset finance. The exchange applied tight measures to limit sharp movements: it blocked buy orders during the first five minutes and restricted sell orders priced below 10% of the previous Bitcoin close. For two hours, it accepted only limit orders to reduce abrupt swings.
PLUME is now live in the KRW market on @Official_Upbit.
Korean users can access PLUME directly with Korean Won, expanding our reach across one of the world’s most active retail trading markets.
Full announcement: https://t.co/HYb9nG1xxI pic.twitter.com/bOpo4PHZZn
— Plume Foundation (@plumefndn) November 26, 2025
Upbit set the previous BTC close at 0.0000003 BTC, equal to 39.22 KRW, as the reference price. The warning about volatility drew strong attention from local traders, and PLUME jumped more than 43% on Binance. Volume also increased above historical averages due to fresh KRW liquidity entering the market.
Activity on social platforms highlighted the influence of Korean markets, where retail traders often drive momentum when they support a project. PLUME gained broad visibility on Upbit’s KRW board and gained access to a user base that shapes price discovery for many assets listed in Asia.
Plume Network’s RWAfi structure gains traction
Plume Network operates as a public, permissionless chain focused on real-world-asset activity. A May 2025 evaluation by the SEC’s Crypto Task Force described Plume as an EVM-compatible system prepared to expand tokenization practices and asset-backed financial activity. The regulatory analysis covered compliance, collateral, and value flows tied to digital assets.
The network enables DeFi services such as staking, lending, swaps, and loop strategies involving tokenized assets like private credit, government bonds, and commodities. Its core assets include pUSD, pETH, and PLUME, which serves as the utility token for fees, governance, rewards, and staking.
Data from RWA.xyz shows more than 180 projects building on Plume’s infrastructure. The network launched tokenization engines and secured agreements with financial infrastructure providers, strengthening its role in real-world-asset applications.
