ERA Explodes 60%! Caldera Listed on South Korea’s Top Exchange Upbit
Caldera (ERA) skyrocketed 60% following its listing on South Korea’s top exchange, Upbit, with trading pairs in KRW, BTC, and USDT. The surge was further fueled by Binance’s HODLer airdrop launch on Caldera, spotlighting the rollup platform as a rising force in the Ethereum Layer 2 ecosystem.
South Korea’s largest crypto exchange, Upbit, announced on July 7, 2025, the upcoming listing of Caldera (ERA) trading pairs with Korean won (KRW), Bitcoin (BTC), and Tether (USDT).
Caldera operates as a Rollup distribution platform, enabling developers to launch customized rollups with tools, infrastructure, and modular features for scalability and performance. It has gained relevance among Ethereum scaling projects and has seen traction for offering flexibility in building application-specific blockchains.
Binance Airdrop Fuels Caldera
Binance’s recent airdrop announcement further fueled the momentum behind ERA, as Binance revealed that its HODLer airdrop will be launched via the Caldera (ERA) network, marking another significant development for the platform.
The airdrop has spotlighted Caldera’s appeal as a reliable infrastructure layer for token launches and decentralized projects. It also adds further legitimacy to Caldera’s role in the modular blockchain space, where competition among rollup frameworks is intensifying.
WuBlockchain highlights that the synergy of Upbit’s listing and Binance’s ecosystem integration has positioned Caldera at the center of attention among Korean and global investors. This dual exposure has sparked intensified interest from both South Korean retail traders and global crypto investors.
Together, these developments, however, have generated strong investor momentum, pushing Caldera to the forefront of discussions surrounding promising Layer 2 solutions built on Ethereum.
According to a report from Beincrypto, trading will officially begin on July 18 at 00:30 KST, giving local traders access to the Rollup platform’s token. Amazingly, the announcement has triggered a sharp 60% surge in ERA’s price as investors reacted to the listing momentum.
Historic Price Surges Follow Upbit Listings
It is not the first time an Upbit listing has spurred a dramatic token rally. Notably, this move reflects a broader pattern observed on Upbit listings. Below is why:
On March 24, 2025, Cybertechwiz reported a similar event involving ORCA, the native token of Solana-based DEX Orca. ORCA rallied over 90% following Upbit’s listing announcement of ORCA-KRW, ORCA-BTC, and ORCA-USDT trading pairs.
That surge mirrored today’s reaction to the Caldera news, revealing how Upbit’s influence can significantly move token prices. These reactions reflect local market enthusiasm, as Korean retail traders frequently push newly listed assets into trending territory. Upbit’s dominance in South Korea’s digital asset market continues to shape altcoin momentum across Asia.
