OriginTrail's native token TRAC surged more than 75% on May 18, 2026, after South Korea's largest cryptocurrency exchange Upbit announced support for the token. The price climbed from a low of $0.3228 to roughly $0.5986 within 24 hours, as trading volume exploded past $36 million.
The Upbit announcement
Upbit Korea confirmed it would list TRAC on three trading pairs — KRW, BTC, and USDT — with trading starting at 16:00 KST on May 18. The move gave TRAC direct access to South Korea's retail crypto market, where fiat on-ramps and deep liquidity can quickly boost a token's profile. Until the listing, TRAC had limited exposure to Korean traders; the exchange's decision opened a new pool of demand.
Price action and volume
The 24-hour trading volume for TRAC exceeded $36 million following the announcement, a massive spike compared to its typical daily turnover. The token's price broke above all major daily exponential moving averages — the 10-day, 20-day, 50-day, 100-day, and 200-day EMAs — a technical signal that often attracts trend-following traders. The move reversed weeks of relative quiet for OriginTrail, a blockchain project focused on supply chain data integrity.
Technical picture and risks
Despite the euphoria, analysts caution that the rally may have overshot. Overbought conditions on short-term charts could trigger a sell-the-news event, where early buyers take profits and drive the price back down. Key support sits at $0.351; if that level fails, the next floor is $0.337. A sharp correction would erase a chunk of the day's gains, though the token remains well above its pre-listing price. Whether the Upbit listing leads to sustained demand or a quick pullback will depend on how much fresh capital flows in over the coming days.
