NEXPACE surges 115% following major exchange listings

NEXPACE (NXPC), the newly launched native token from Nexon’s blockchain gaming division, soared over 100% after a flurry of listings on top-tier cryptocurrency exchanges.
The explosive debut has pushed NXPC’s market capitalization to over $550 million at its peak, before settling at $462 million, as investors and traders rushed to gain exposure to the latest asset in the gaming-crypto crossover space.
The rally was fueled by near-simultaneous listings on major platforms including Bybit, Binance, BingX, KuCoin, MEXC, Bitget, Gate.io, and South Korea’s Bithumb, dramatically expanding the token’s accessibility and liquidity across global markets.
High-volume launch sets trading records
NXPC recorded over $1 billion in total trading volume within three hours of going live. Binance processed $240 million of that figure, with another $100 million handled by Upbit, making the South Korean market a critical player in the token’s early adoption. Binance currently holds the largest trading share at 24%, followed by PancakeSwap with 14%, mostly in USDT pairings.
Initially priced near $1.27, NXPC skyrocketed to an all-time high of $3.84 within hours of its May 15 launch, posting a 115% increase.
NXPC price dynamics (May 2025) Source: TradingView
The token was distributed via Binance’s Alpha platform, where eligible users could claim NXPC based on their Alpha Points balance. Those holding at least 187 points were entitled to 198 NXPC, with the airdrop claim window scheduled to close by May 16. Unclaimed tokens may be burned or redistributed.
Nexon’s strategic Web3 expansion
NXPC represents a strategic move by Nexon, one of South Korea’s largest gaming firms, into the blockchain gaming sector. With a $3.2 billion fully diluted valuation at launch, the token’s performance underscores investor interest in gaming-related digital assets and positions Nexon as a competitive force in the evolving Web3 ecosystem.
As the NXPC token stabilizes following its initial surge, attention will turn to how Nexon builds out its blockchain gaming platform and integrates NXPC into in-game economies. With early momentum and substantial trading volume, NEXPACE is poised to be a closely watched project in the coming quarters.
As a reminder, we previously wrote Bybit launches 9,000,000 NXPC giveaway to celebrate NXPC/USDT listing.