The market is in a dull phase right now, with Bitcoin rising while altcoins are dropping. On the other hand, Livepeer crypto recently experienced its highest daily candle in months, surging more than 100% in a single day.
$LPT on the weekly chart. pic.twitter.com/R552R6VsaW
— WiseCharts (@WiseCharts) May 30, 2025
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Livepeer Crypto Surged Over 130% On Upbit Listing
Livepeer is a platform for decentralized live video broadcasting on the Ethereum network. It’s building the open video infrastructure for the AI era. Founded in 2017, it comprises a P2P infrastructure that runs on the Ethereum blockchain. Users can stream video content like coding, gaming, education, and entertainment through apps built on Livepeer. Content creators, such as streamers, can also use Livepeer to stream and cut infrastructure costs.
Recently, expanding the token accessibility and branding, LPT got listed on Upbit. It’s a Korean exchange that specializes and is very popular in the Asian market. The exchange does over 4B daily volume. This resulted in Livepeer surging to a four-month high of $14.16, representing over 130% growth. Upbit also listed other coins, like POKT, FORT, FLOCK, and SOPH, all within a period of 3 days.
On another note, earlier this week, asset manager Grayscale unveiled its Artificial Intelligence Crypto Sector, with Livepeer featured as one of the 20 cryptocurrencies included. This rise in value, while other AI coins are performing poorly, has caught the attention of many investors.
An unknown whale began accumulating $LPT from Binance on May 13, and many others followed along before the token pumped in price. If you’re interested in following the whales’ buys, check out this presale that also attracted the whales’ attention.
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Solaxy: The L2 Revolutionizing Solana Raises $42 Million — Limited Time Left To Buy
You'll find a way to get to Solaxy any way you can. 🪐🛸
We don't blame you! 🔥https://t.co/mdaTX9aVVx pic.twitter.com/xXzhbXJG9z
— SOLAXY (@SOLAXYTOKEN) May 30, 2025
As the crypto bull run approaches, analysts see the market soaring, and transaction volume will keep hitting new highs. This increases the traffic on most blockchains, especially with Solana, which has created a lot of need for L2 networks on blockchains.
Solana has been facing a lot of transaction congestion from time to time over the last few months. Here is where Solaxy comes into play. The first-ever Solana Layer-2 blockchain directly addresses main Solana pain points: congestion, a lot of failed transactions, and huge scalability limitations.
It’s a multi use L2 that developers can build dApps on and engage with users. Furthermore, Solaxy aims to offload the huge limit on Solana and unlock the chain full potential for many users, developers, and investors alike, just like the Arbitrum network did for the Ethereum chain.
Solaxy’s presale has successfully raised $42.5 million, closing its initial goal of $43 million. Currently, $SOLX is priced at $0.00175 in the presale, and staking rewards offer up to 95% APY
Those presales that raise funds quickly and get many investors’ attention often experience gains of 5x to 10x after launch and usually get listed on many tier 1 centralized exchanges.
Savvy and experienced whales often quietly accumulate these projects to optimize their profits. Recently, one of these whales purchased over $400k worth of $SOLX on the Ethereum chain; click here for the transaction ID.
Connect with the huge SOLX Online community on X and Telegram.
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Key Takeaways
- Livepeer’s token LPT surged 130% after being listed on Upbit, a major Asian exchange.
- Grayscale’s AI Crypto Sector features Livepeer, boosting investor interest amid rising whale activity.
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