- KernelDAO’s price jumped to a high of $0.23 amid Upbit listing news.
- The KERNEL token reached an all-time high above $0.46 in April and could aim for that mark again.
- Gains across the crypto market helped power the token’s surge.
KERNEL, the native token of KernelDAO’s restaking protocol, rose more than 25% and hit an intraday peak of $0.23 early Tuesday.
Although bulls now face the challenge of holding gains, the price surge placed the token among the top performers on the crypto market.
With the broader crypto sentiment in play, could the Upbit listing help KERNEL maintain upward momentum as restaking protocols draw attention?
Upbit listing lifts KERNEL to $0.23
The most likely catalyst for KERNEL’s sudden price spike was traders reacting to Upbit’s announcement.
On October 28, 2025, leading South Korean crypto exchange confirmed it would list the token on its KRW markets and add trading support on the Ethereum network.
The listing immediately triggered buying pressure. KernelDAO’s daily trading volume surged as bulls pushed KERNEL from an intraday low of $0.16 to the $0.23 high at the time of writing.
Daily volume surpassed $316 million, an astonishing 1,540% increase over the prior 24 hours.
With more than a 20% gain, KERNEL ranked among the few altcoins to post double-digit moves during the session.
KernelDAO’s price appeared on the list of top gainers alongside coins such as Hedera’s HBAR, Pump.fund’s PUMP, and Bittensor’s TAO.
Why the interest in KernelDAO?
KernelDAO is a leading restaking protocol operating within an ecosystem that has over $1.7 billion in total value locked (TVL).
Backed by YZi Labs, the project runs across major blockchains, including Ethereum and BNB Chain.
Its core products include Kernel, Kelp, Gain and Kred — the latter a recently introduced product focused on real-world asset tokenization.
The Upbit listing is the latest boost for the KERNEL token; the South Korean exchange is known for an active trading community.
Listing on a major exchange not only raises visibility for KERNEL but also brings new liquidity pools and access to a wider base of traders.
KernelDAO functions as an infrastructure platform offering a range of staking-related services.
It enables restaking solutions on the BNB Chain, supports BNB Liquid Restaking Tokens (LRTs), and provides pathways for Bitcoin (BTC) restaking.
Additionally, the project runs an Ethereum-based restaking protocol that operates directly on the Ethereum network.
This architecture includes a vault-style smart contract designed to manage staked ETH, rsETH and other liquid staking tokens (LSTs).
The platform’s native KERNEL token has multiple roles across the ecosystem, including governance, restaking incentives and insurance staking mechanisms.
Bulls target $0.50 next for KernelDAO
KERNEL previously reached an all-time high of $0.46 in April 2025. After dropping to a low of $0.09 in June, the token has recovered more than 115%.
At current prices around $0.19, bulls are roughly 57% below the all-time high and may aim to retest that level.
As broader crypto markets recover—driven by renewed institutional interest, clearer regulation in key jurisdictions and macro shifts favoring risk assets—KernelDAO stands to benefit.
DeFiLlama shows the protocol’s TVL has climbed above $1.7 billion.
Gains across the restaking sector could provide additional tailwinds for KernelDAO’s ecosystem.
Key upside targets include the prior all-time high and a move above $0.50. On the downside, buyers need to defend support near $0.18 and $0.16 to maintain the bullish thesis.