The XION token suddenly surged by more than 300% in a single day. The price jump followed the announcement that the token will be listed on the Bithumb trading exchange. What exactly is XION, and are there other reasons behind this price explosion?
What is XION? #
XION is a relatively new token, launched almost a year ago. The project is characterized by its own blockchain and the use of new technologies to simplify the complex aspects of cryptocurrency. This allows users to conduct transactions much like in standard apps, without needing extensive crypto knowledge.
Beyond transactions, the XION token is also used for staking. This means you can earn money with the tokens by locking them up in smart contracts. These are digital agreements on a blockchain that are automatically executed once pre-defined conditions are met.
300% Price Explosion #
On Wednesday, the price of XION suddenly shot through the roof. Within a few hours, the price rose from $0.335 to a peak of $1.21. The cryptocurrency increased by more than 300%. The market capitalization grew along with it, from just under $15 million to a record of $53.6 million. This earned the token a top spot on the list of biggest gainers on the Dutch crypto exchange Bitvavo.
Trading volumes for XION also increased significantly, from โฌ12 million to โฌ61 million just a few hours later. At the time of writing, the price has fallen slightly and is hovering around the $1.00 mark.
Addition to Bithumb #
The sudden price explosion came after the South Korean crypto exchange Bithumb announced it would add XION to its trading offerings.
๐ข New Listing ๐ ์์ด์จ(#XION) ์ํ ๋ง์ผ ์ถ๊ฐ ์๋ด ๐ $XION/KRW will be listed on #Bithumb! ๐ธ Details : https://t.co/4iZXZdJxM1 #Bithumb #XION @burnt_xion pic.twitter.com/cWX6B2rv9j
โ Bithumb (@BithumbOfficial) November 26, 2025
Being added to a new exchange can lead to price increases, as it instantly exposes a token to a new group of potential buyers. Furthermore, Bithumb is one of the largest exchanges in South Korea, a country known for its active crypto community.
Such prospects sometimes lead to pre-emptive speculation, causing the price to rise even before the official listing. This appears to be the case with XION.
Buy the Rumor, Sell the News? #
It remains to be seen whether the sudden interest in XION will persist after the listing. Sometimes, the day a token is officially added is followed by a price drop, as speculators cash out. This is a classic case of โbuy the rumor, sell the news.โ