Why Did Safe (SAFE) Price Rise? - 10.01.2025

Safe (SAFE) is a decentralized cryptocurrency developed on the Solana blockchain, offering fast, secure, and low-cost transactions. It uses the Proof of Stake (PoS) consensus mechanism to ensure energy efficiency and was created with a community-focused approach.

With a 12.41% increase in the last 24 hours at the time of writing, SAFE ranks among the day’s top gainers. South Korea’s largest crypto exchange is listing the SAFE token, which operates on the Ethereum blockchain, starting today. Trading begins at 4:00 PM KST with an opening price set at 1,376 KRW. Only Ethereum network transfers are supported for SAFE, and transaction confirmations require 33 blocks. This development may have contributed to the recent price surge of SAFE.