TRAC jumps as Upbit opens KRW, BTC and USDT trading for OriginTrail

South Korean crypto exchange Upbit listed OriginTrail (TRAC) on May 18, opening trading through KRW, BTC and USDT markets. 

A Korean market report based on the exchange notice said deposits opened within about 90 minutes of the announcement, while spot trading was set for 4:00 p.m. local time. The listing gives users three routes to trade the token, including a direct Korean won market.

Upbit also applied listing-day controls. The report said buy orders were blocked for about five minutes after trading opened. 

Sell orders priced more than 10% below the previous CoinMarketCap closing price were also restricted during the first five minutes. For about two hours, the exchange allowed only limit orders.

TRAC price rises after listing notice

TRAC moved sharply after the Upbit update. CoinGecko data showed TRAC trading at $0.4607, up 39.4% over 24 hours. The same tracker listed a 24-hour range between $0.3228 and $0.6028, with volume at about $38.65 million.

Notably, OriginTrail describes itself as an ecosystem built around trusted AI-ready knowledge assets. Its platform uses a Decentralized Knowledge Graph and NeuroWeb blockchain to organize data for AI search, enterprise use and information verification.

The project’s whitepaper says OriginTrail aims to build a “Verifiable Internet” by combining crypto, internet and AI. It also introduces decentralized retrieval-augmented generation and knowledge graph tools aimed at data provenance and integrity.

Upbit supports TRAC deposits and withdrawals only through the Ethereum network, according to Korean reports of the exchange notice. The contract address listed was 0xaa7a9ca87d3694b5755f213b5d04094b8d0f0a6f. Users sending TRAC over unsupported networks may face delays or failed crediting.