Aztec rockets 80% following simultaneous Upbit and Bithumb listings

Aztec (AZTEC), the native token for the Aztec Network's hybrid public-private Ethereum layer 2 protocol, experienced a significant rally, increasing by over 80% following its simultaneous listing on Upbit and Bithumb, South Korea's leading digital asset exchanges. This dual debut triggered substantial buying pressure in Korean won, causing the price to jump from $0.019 to $0.037, which elevated its market capitalization from $57 million to approximately $100 million. Trading volume also increased significantly as retail investors participated, reflecting the common "kimchi premium" seen on Korean platforms. Aztec Network is a zero-knowledge smart contract platform designed to introduce built-in privacy to Ethereum applications by keeping user data confidential while maintaining security. The AZTEC token is crucial to the ecosystem, supporting staking for sequencers, governance participation, and eventually transaction fee payments.

(Source：Crypto Briefing)