Key Notes
- PLUME token trading volume soared 600% to $187 million.
- The token climbed into the top 250 by market capitalization after a 55% price increase.
- The Upbit listing establishes strict early trading rules to combat manipulation.
Plume Network’s native token PLUME surged around 55% in an hour after South Korean exchange Upbit confirmed it would list the asset on its KRW market on November 26. Trading volume soared, with 24-hour volume increasing nearly 600% to $187 million.
According to CoinMarketCap, at press time, PLUME is trading at almost $0.039 and its market cap has increased by 56% to $111 million and is now among the top 250 cryptocurrencies. In August 2025, the token was chosen to be listed on Binance following an airdrop of 150 million tokens. Trading pairs included Binance’s USDT, USDC, FDUSD, TRY, and BNB.
Upbit List Makes PLUME Skyrocket
The rapid recovery began shortly after Upbit revealed that PLUME would be listed on its Korean won-denominated market. More than 10 million users of the South Korean exchange will now be able to actively trade the token.
PLUME is now available on the KRW market on @Official_Upbit.
Korean users can access PLUME directly with Korean won, expanding our reach in one of the world’s busiest retail markets.
Full announcement: pic.twitter.com/bOpo4PHZZn
– Plume Foundation (@plumefndn) November 26, 2025
To guard against early volatility, Upbit has introduced temporary limits. Buyback orders will be blocked for approximately five minutes after launch, sell orders priced more than 10% below the previous day’s close will be restricted for the same period, and only limit orders will be allowed for approximately two hours.
Upbit has followed a similar standard approach for new listings that attract rapid speculative interest. As previously reported, in October, Upbit listed INFINIT (IN), which saw a similar increase in price and volume.
Token Structure and Unlock Plan
Plume’s token distribution is split between four groups (20% for core contributors, 21% for early backers, 13% for treasury, and 46% for community and ecosystem programs). According to the latest schedule, around 32% of the supply, or 3.23 billion tokens, is already unlocked, while around 68% remains locked.
The tokens will be on the market until early 2028, with a gradual increase in all four categories. The community and ecosystem pool will be the largest source of circulating supply over time, followed by early backers and contributor allocations. The unlock plan targets a slow, steady pace rather than sudden, large releases.
Growing RWA activity
Plume Network has 279,692 RWA holders, half of all holders in the broader RWA sector. Last week, Plume revealed that Securitize, backed by BlackRock and Morgan Stanley, would deploy institutional-grade assets on Plume’s Nest staking system. Nest allows users to trade and earn yield on tokenized assets.
Institutional assets achieve a compoundable return.@Securitizethe leader in tokenization behind the products of @apolloglobal , @hamilton_lane , @vaneck_usAnd @BlackRockbrings institutional quality assets to Plume @NestCredit staking protocol. pic.twitter.com/g9mQT1WErF
– Plume – RWAfi Channel (@plumenetwork) November 20, 2025
The first assets to arrive will be Hamilton Lane funds, followed by other issuers in 2026. At the same time, the global RWA sector is also becoming popular, as in the third quarter of 2025, the total tokenized assets reached around $30 billion.
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A crypto journalist with over 5 years of industry experience, Parth has worked with leading media outlets in the crypto and finance world, gaining experience and expertise in the field after surviving both bear and bull markets over the years. Parth is also the author of 4 self-published books.
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