KERNEL value rises vertically on Upbit itemizing, reaching $0.23

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  • Following the information of Upbit itemizing, KernelDAO value rose to a excessive of $0.23.
  • The KERNEL token reached an all-time excessive of over $0.46 in April, and will goal this mark subsequent.
  • Features throughout the cryptocurrency market will gas the token’s rise.

KERNEL, the native token of restaking protocol KernelDAO, soared greater than 25% early Tuesday to hit a excessive of $0.23.

This rally has ranked the token among the many high performers throughout the cryptocurrency market whereas the bulls are preventing to protect positive factors.

Given the general cryptocurrency sentiment, might Upbit’s itemizing assist prolong the upward momentum in KERNEL value amidst curiosity in restaking the protocol?

KERNEL rises by $0.23 on account of Upbit itemizing

As talked about earlier, the catalyst for KERNEL’s vertical value rise right now is probably going merchants’ response to Upbit’s announcement.

On October 28, 2025, South Korea’s main cryptocurrency change confirmed the itemizing of its tokens on the KRW market and added help for buying and selling on the Ethereum community.

This itemizing instantly elevated shopping for strain, and KernelDAO’s every day quantity soared as bulls pushed KERNEL from a low of $0.16 to an intraday excessive of $0.23 on the time of writing.

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Notably, the every day buying and selling quantity exceeded $316 million, a powerful 1,540% improve prior to now 24 hours.

KERNEL posted a rise of over 20%, rating among the many few high altcoins with double-digit value actions on the day.

KernelDAO value floats on the record of high gainers alongside Hedera’s HBAR, Pump.enjoyable’s PUMP, and Bittensor’s TAO token.

Why is there a lot curiosity in KernelDAO?

KernelDAO is the main re-staking protocol that powers a complete worth locked ecosystem of $1.7 billion.

YZi Labs-backed initiatives function throughout high blockchains, together with Ethereum and the BNB chain.

Specifically, it boasts key merchandise reminiscent of Kernel, Kelp, Achieve, and Kred, a not too long ago launched product centered on real-world property.

Upbit’s itemizing is the most recent in bullish help for the KERNEL token on the South Korean crypto change identified for its lively buying and selling neighborhood.

The itemizing is not going to solely improve KERNEL’s profile but additionally leverage a brand new liquidity pool.

KernelDAO is a restaking infrastructure platform that gives a wide range of staking-related providers.

This allows restaking on the BNB chain, helps BNB Liquid Restaking Tokens (LRT), and supplies Bitcoin (BTC) restaking alternatives.

Moreover, the undertaking operates an Ethereum-based restaking protocol that runs immediately on the Ethereum community.

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The system contains vault-style sensible contracts designed to handle staked ETH, rsETH, and Liquid Staking Token (LST) property.

The platform’s native KERNEL token serves a number of functions, together with governance, restaking, and insurance coverage discount throughout the ecosystem.

KernelDAO bulls goal for $0.50 subsequent

KERNEL value reached an all-time excessive of $0.46 in April 2025 and fell to a low of $0.09 in June, however has since recovered over 115%.

The present value of round $0.19 means the bull market is about 57% off its all-time excessive.

Kernel Chart by CoinMarketCap

KernelDAO is more likely to profit because the broader crypto market recovers amid a wide range of catalysts, together with renewed institutional investor curiosity, regulatory readability in key areas, and macroeconomic shifts that favor danger property.

DeFiLlama exhibits that the protocol’s complete worth locked (TVL) has ballooned to over $1.7 billion.

Due to this fact, positive factors throughout the restaking sector might add additional gas to the KernelDAO ecosystem.

Upside aims embody the ATH and a breakout above $0.50.

On the draw back, consumers want stable exercise close to $0.18 and $0.16.

(Tag Translation) Market