{"id":58941,"date":"2025-09-05T16:19:26","date_gmt":"2025-09-05T16:19:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/redstone-price-spikes-55-amid-upbit-listing\/"},"modified":"2025-09-05T16:19:26","modified_gmt":"2025-09-05T16:19:26","slug":"redstone-price-spikes-55-amid-upbit-listing","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/redstone-price-spikes-55-amid-upbit-listing\/","title":{"rendered":"RedStone price spikes 55% amid Upbit listing"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/redstone-red-price-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/redstone-red-price-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/redstone-red-price-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/09\/redstone-red-price-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400;\">RedStone\u2019s price rose 55% as the 24-hour trading volume surged to $418 million.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The project\u2019s token soared after Upbit announced trading support for RED.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">RED price could surge to $1 or find support around $0.50.<\/span><\/li>\n<\/ul>\n<p>RedStone (RED), a leading decentralised finance oracle infrastructure provider, has experienced a significant price surge of 55% in the past 24 hours.<\/p>\n<p>While the price increase mirrors the rest of the market\u2019s bounce, RED has surged after Upbit, South Korea\u2019s largest crypto exchange, announced trading support.<\/p>\n<p>The announcement, made on Sept. 5, ignited excitement among traders and DeFi enthusiasts, pushing RedStone\u2019s price to above $0.78.<\/p>\n<h2>RedStone price jumps 55% as Upbit lists RED<\/h2>\n<p>The price of RedStone skyrocketed to $0.78 on Friday, following its listing on Upbit.<\/p>\n<p>Other platforms like Bithumb also saw <a href=\"https:\/\/coinjournal.net\/news\/bithumb-listing-sends-the-price-of-euler-eul-price-flying\/\">newly-listed tokens<\/a> explode.<\/p>\n<p>According to CoinMarketCap, RedStone rose from lows of $0.47 to $0.78, which represents a notable 55% increase within 24 hours.<\/p>\n<p>This was accompanied by a trading volume of $418 million, which had jumped by over 800% at the time of writing.<\/p>\n<figure id=\"attachment_334459\" aria-describedby=\"caption-attachment-334459\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-334459\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/RED_7D_graph_coinmarketcap.png\" alt=\"\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-334459\" class=\"wp-caption-text\"><a href=\"https:\/\/coinmarketcap.com\/currencies\/redstone\/\" target=\"_blank\" rel=\"noopener\">RedStone chart<\/a> by CoinMarketCap<\/figcaption><\/figure>\n<p>The surge comes on the heels of Upbit\u2019s official <a href=\"https:\/\/x.com\/redstone_defi\/status\/1963879990598185007\" target=\"_blank\" rel=\"noopener\">announcement<\/a> to support RED\/KRW trading, with the market opening at 17:00 KST.<\/p>\n<p>RedStone\u2019s team, via their X account, celebrated the listing with a post highlighting the availability of RED\/KRW on Upbit.<\/p>\n<p>The post also teased upcoming events in Seoul, including the Korea Blockchain Week (KBW) and side events like the Hyperliquid hackathon and XRP Seoul, signalling the project\u2019s active engagement with the crypto community.<\/p>\n<p>This move fueled trader confidence in RED, with South Korea a market known for its robust trading activity.<\/p>\n<h2>RedStone price forecast<\/h2>\n<p>RedStone, which provides modular oracle infrastructure for DeFi protocols and secures over $10 billion in assets, aligns with Upbit\u2019s focus on innovative projects, further driving the price jump.<\/p>\n<p>Recently, RedStone acquired DeFi ratings provider Credora, which will boost the platform\u2019s expansion efforts.<\/p>\n<p>Commenting on the acquisition, RedStone <a href=\"https:\/\/x.com\/redstone_defi\/status\/1963594884096651351\" target=\"_blank\" rel=\"noopener\">noted via X<\/a>:<\/p>\n<p>\u201cThis brings TradFi-grade risk assessment to DeFi. It positions RedStone to play a role in decentralised markets similar to what S&amp;P or Moody\u2019s has long provided in traditional finance, a trusted framework for understanding and pricing risk.\u201d<\/p>\n<p>The 55% spike also reflects broader market dynamics, with protocols like Compound, Lido, and Pendle also posting gains.<\/p>\n<p>While the bullish trend is evident, with Bitcoin showing higher lows, September\u2019s historical reputation as a challenging month for assets like BTC could introduce short-term fluctuations.<\/p>\n<p>Analysts suggest that sustaining the current momentum will depend on RedStone\u2019s ability to leverage Upbit\u2019s platform and deliver on its event promises.<\/p>\n<p>For now, RED must hold above $0.60 to maintain the upside momentum.<\/p>\n<p>Conversely, the token\u2019s price could drop to $0.50 or lower.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/redstone-price-spikes-55-amid-upbit-listing\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) RedStone\u2019s price rose 55% as the 24-hour trading volume surged to $418 million. The project\u2019s token soared after Upbit announced trading support for RED. RED price could surge to $1 or find support around $0.50. RedStone (RED), a leading decentralised finance [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":58942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58941"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=58941"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/58941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/58942"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=58941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=58941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=58941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}