Upbit lists 4 altcoins as ETHGas surges 11%
South Korean cryptocurrency exchange Upbit expanded its marketplace on August 21, 2026, by listing four new altcoins, triggering an immediate price surge for one of the assets. The exchange added Biconomy (BICO), Bubblemaps (BMT), Nillion (NIL), and ETHGas (GWEI), each paired with Bitcoin (BTC) and Tether (USDT). The announcement sparked a notable market reaction, with ETHGas (GWEI) climbing approximately 11% in the initial trading period, outperforming the other newly listed tokens.
The launch was not without a last-minute change. Upbit originally scheduled the trading pairs to open at 1300 Korea Standard Time (KST). However, the exchange updated its notice at 1250 KST and postponed the opening by three hours to 1600 KST. Upbit did not provide a detailed reason for the delay but warned that trading could face another postponement if deposits and withdrawals did not establish sufficient liquidity before the revised time. The exchange apologized for the inconvenience and retained the previously announced deposit networks and initial order restrictions.
Following the listing, all four tokens saw price increases. Beyond GWEI's double-digit gain, BMT and BICO each advanced by more...