Upbit to Follow Binance in Listing Caldera, ERA Soars 60%
The cryptocurrency Caldera (ERA) experienced a significant price jump of 60% after the South Korean crypto exchange Upbit announced it would list the token. This listing follows a similar announcement from Binance, another major crypto exchange, which plans to list ERA for spot trading against several other cryptocurrencies. Upbit will offer ERA trading against the Korean Won, Bitcoin, and USDT stablecoin, starting on July 18th. Binance will list ERA on July 17th. Binance also announced an airdrop of 20,000,000 ERA tokens (2% of the total supply) to users who had subscribed their BNB to Simple Earn or On-Chain Yields products between July 1 and July 5, 2025. Upbit has cautioned users that deposits made before the official trading launch will be subject to strict verification procedures. Caldera is a platform that allows developers to create customizable Layer 2 blockchain solutions, and the ERA token is used for gas fees, staking, and governance within the Caldera ecosystem.