Crypto Exchange Upbit Triggers Explosive Rally for Wallet-Focused Altcoin After Adding Support

The South Korean crypto exchange Upbit has announced a new listing for a wallet-focused altcoin, triggering explosive price action.

According to a new announcement, Upbit is supporting Wallet Connect (WCT) for trading over the Optimism (OP) network on its platform starting Wednesday.

The project, launched in 2018, is a Web3 communications open-source protocol that aims to connect crypto wallets to decentralized applications (DApps) through encrypted connections using QR code scanning and deep linking.

“Traditionally, connecting wallets to apps on the blockchain required complex steps, which often discouraged new users and created a fragmented ecosystem. WalletConnect simplifies this by offering a universal connection method…

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