Humanity token defies market slump with 40% price surge

Humanity, a decentralized biometric and identity data platform, is the top-performing token among the 500 largest coins by market cap, with a 40% price gain in the last 24 hours. The Humanity ( H ) token gained as most altcoins dipped amid Bitcoin ( BTC )’s slip from highs of $110k on Friday. Losses for BTC came amid a massive 80,000 Bitcoin transfer by wallets that had stayed dormant for over 14 years, and saw Ethereum, XRP and Solana among other top digital assets retreat to support levels. However, Humanity’s native token defied the downturn as its price surged from lows of $0.072 to above $0.108. The daily gains, accompanied by a 74% spike in trading volume to over $481 million, extended the cryptocurrency’s weekly rally to over 400%. You might also like: Chainlink whales accumulate 85M LINK while retail stalls — Will LINK price follow? Why did Humanity token jump today? Several catalysts are likely driving H price higher today. One key driver is the launch of Humanity trading pairs against the Korean won, with South Korea-based crypto exchange Bithumb adding the H/KRW pair on Thursday. The token has surged following this listing, largely due to the significant retail demand that often accompanies listings on Korean exchanges. $H is coming to @BithumbOfficial later today! 🖐️ https://t.co/fPCikbPoT1 — Humanity Protocol 「 🖐️ ✦ 🇺🇳 」 (@Humanityprot) July 3, 2025 Market data shows the H/KRW pair had seen over $46 million in 24-hour volume on Bithumb – volumes that are comparable to those recorded on some of the platforms offering Tether ( USDT ) pairs. Humanity launched its token in June and has benefited from market activity around its listing on top exchanges such as Bybit, MEXC, Bitget and Cypto.com Exchange. Other than spot trading, H is also available for perpetual futures. Humanity secured a $20 million funding round at a $1.1 billion valuation in January 2025. The round was led by Pantera Capital and Jump Crypto. The blockchain project, which has formed partnerships with companies including Kaito and Nasdaq-listed Prenetics, stated the funds would be used to advance its decentralized identity solution. You might also like: Solana captures 95% of tokenized stock trading volume in massive DeFi pivot