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

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025

The merchant said the parabolic Sui Rally predicted it as New Highs, and the recent $ 223,000 DEX HACK has a ‘amazing opportunity’.

June 12, 2025

Ether Lee Rium derivatives just overturned Bitcoin -ETH can see a large -scale year -end rally?

June 11, 2025
Add A Comment

Comments are closed.

Recent Posts

How to claim vault12 promotional code for Android and iOS

June 13, 2025

How Locals Went From Ordinary People To Billionaires, And You Can Do It Too!

June 13, 2025

Seize The Opportunity! Fans Hash Is Giving Away $500 For A Limited Time To Help You Easily Unlock Crypto Wealth And Open A New Chapter Of Wealth.

June 13, 2025

Portfolio construction for Q3: The reason for combining chainlink (link) and pol (EX-MATIC) can be a victory strategy.

June 13, 2025

Polemos Announces TGE And A Game-Changing Strategic Partnership With BUFF Accelerating Web3 Adoption

June 12, 2025

​Bitpanda Opens The Gate To Web3 With Vision (VSN)

June 12, 2025

New USDT/USDC Stablecoin Mining Platform Launches — Secure, Flexible, And High-Yield DeFi Opportunity

June 12, 2025

SEC Approves Ethereum ETF, Will XRP And DOGE Be The Next Tipping Point? Is Cloud Computing The Next Investment Holy Grail?

June 12, 2025

Bank of America’s eyes among the Senate’s fast tracking genius acts

June 12, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

Ether surpasses Bitcoin in May. ETH derivatives volume surpasses BTC in OKX.

June 12, 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

How to claim vault12 promotional code for Android and iOS

June 13, 2025

How Locals Went From Ordinary People To Billionaires, And You Can Do It Too!

June 13, 2025

Seize The Opportunity! Fans Hash Is Giving Away $500 For A Limited Time To Help You Easily Unlock Crypto Wealth And Open A New Chapter Of Wealth.

June 13, 2025
Most Popular

Artificial intelligence (AI) tokens RNDR, TAO, AGIX prices fall as Apple’s developer event fails to impress.

June 10, 2024

Is the BTC price overheated at $ 111K?

May 23, 2025

Gala: The kimchi craze takes the Common Ground world by storm with new and exciting updates

June 25, 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.