Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Nervos Network (CKB) Dominates the Cryptocurrency Market with Upbit Listing
ALTCOIN NEWS

Nervos Network (CKB) Dominates the Cryptocurrency Market with Upbit Listing

By Crypto FlexsSeptember 15, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Nervos Network (CKB) Dominates the Cryptocurrency Market with Upbit Listing
Share
Facebook Twitter LinkedIn Pinterest Email
  • The cryptocurrency markets have had a roller coaster ride this week.
  • Neural network It has generated impressive returns against the market trend.
  • CKB token ranks top 100.

A volatile week in the cryptocurrency market saw widespread price declines, highlighting the risk of volatility. Prices recovered slightly from the lows at the start of the week, but overall markets remained flat as the work week ended.

Despite the sluggish market conditions, Nervos Network’s CKB token has broken out of the pack and surged 70% in intraday trading. The sharp rally was led by the announcement of a listing on South Korea’s Upbit exchange, which led the top 100 tokens.

Nervos’ CKB Token Dominates the Crypto Market

While the overall cryptocurrency market ended the week flat, Nervos Network bucked the trend and posted an impressive 70% intraday gain. The rally pushed CKB to a 13-week high of $0.01483, making it the best performing token in the top 100.

CKBUSDC daily chart according to Trading View

The surge coincided with the announcement that South Korea’s Upbit exchange had listed the CKB token, with trading opening on August 13 at 11:00 AM BST. Upbit users can now trade CKB on KRW, BTC, and USDT trading pairs.

Data from CoinPaprika highlights this influence, showing strong participation from Korean traders, with CKB’s trading volumes surging by over 400% in just 24 hours, from $25 million to $126.7 million.

The recent surge in CKB prices has led to increased interest in this relatively under-reported project.

What is Nervos Network?

Nervos Network is a modular blockchain platform designed to enhance Bitcoin’s layer 2 capabilities. It focuses on supporting decentralized applications and scaling solutions. The architecture allows developers to build on top of Bitcoin without changing the core.

The native token, Common Knowledge Byte (CKB), plays a central role within the ecosystem: it facilitates network operations, pays transaction fees, and allows users to participate in governance through the Nervos DAO.

The Nervos Network uses a set of open-source protocols known as Really Good Bitcoin (RGB). These protocols allow smart contracts to run off-chain and enable client-side verification. This approach improves privacy and scalability, allowing for more complex contracts without burdening the Bitcoin base layer.

On the other side

  • Upbit Leading the cryptocurrency exchange market in Korea. 80% market share.
  • CKB is 70% reduction It started from the ATH of $0.04371 achieved in May 2021.
  • that CKB tokens are inflationary.The team believes this is the best way to maintain the sustainability of the mine.

Why this matters

The Nervos Network breakthrough could be a sign that market interest has shifted to Bitcoin Layer-2.

Surinamese presidential candidate proposes national Bitcoin integration
Bitcoin becomes central to Suriname’s presidential race

The SEC’s inconsistent rules on the eToro case have created confusion.
SEC’s eToro Cryptocurrency Ban Causes Market Chaos

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Musk & Trump SPAT sends trenches from DOGE Price Crumbling, Tesla.

June 6, 2025

Musk & Trump SPAT sends trenches from DOGE Price Crumbling, Tesla.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

Eigenlayer starts the redistribution function in testnets

June 6, 2025

Musk & Trump SPAT sends trenches from DOGE Price Crumbling, Tesla.

June 6, 2025

Musk & Trump SPAT sends trenches from DOGE Price Crumbling, Tesla.

June 6, 2025

Vortex uses NVIDIA Jetson to innovate medical imaging with CT-similar ultrasound.

June 6, 2025

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Does Ethereum start their business? MorningStar Candlestick Pattern tells the story

June 6, 2025

Solana’s Journey: Promotion of Challenge, Innovation and Speed

June 6, 2025

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Eigenlayer starts the redistribution function in testnets

June 6, 2025

Musk & Trump SPAT sends trenches from DOGE Price Crumbling, Tesla.

June 6, 2025

Musk & Trump SPAT sends trenches from DOGE Price Crumbling, Tesla.

June 6, 2025
Most Popular

Hedera (HBAR) is up 37% in one week, but has shown signs of falling $0.14.

December 2, 2024

– Uncover the secrets of PhoenixCoin: the future of cryptocurrency is revealed! – DeFi information

January 28, 2024

$SPONGE Migration Completed – Can we reach our 10x and 100x potential in Polygon?

February 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.