This New Altcoin Surges After Major Exchange Listing – What’s Next?

A lesser-known Ethereum-based altcoin is experiencing a dramatic price surge following its addition to South Korea’s second-largest crypto exchange.

Bithumb recently announced support for Across Protocol (ACX), a cross-chain bridge designed for interoperability.

The listing sparked a sharp increase in ACX’s value, with the token climbing from $0.275 to $0.462 in just a few hours—a jump of nearly 68%. Although it has since pulled back, ACX remains up 10% on the day, trading at $0.319.

Across Protocol differentiates itself through its intent-based system, which allows users to define transaction outcomes rather than execution methods. This approach introduces relayers—third-party entities that facilitate transactions quickly and efficiently by competing on cost and speed.

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Unlike traditional cross-chain bridges, ACX eliminates the need for direct messaging, streamlining the process for users seeking fast asset transfers.

This innovative model positions Across Protocol as a unique player in the cross-chain ecosystem, aiming to enhance efficiency and security in asset transfers.

By leveraging relayers to execute transactions instantly, the protocol reduces delays and mitigates risks commonly associated with traditional bridging methods. As adoption grows and more platforms integrate its technology, ACX could see further demand, potentially driving additional price movements in the near future.

Alexander Stefanov