FLOW surged nearly 60% to $0.0655 as trading volume jumped over 640% to $175.5 million. Flow Foundation and Dapper Labs filed a Seoul court motion opposing planned delisting by Upbit, Bithumb, Coinone. Ecosystem growth continues as Disney, NBA, NFL and Ticketmaster build projects on the Flow blockchain network.

On March 9, both entities filed with a motion in a Seoul court seeking to prevent local exchanges, including Upbit, Bithumb, and Coinone, from delisting FLOW on March 16. Today, Flow Foundation and Dapper Labs have filed with the Seoul Central District Court to suspend the termination of FLOW trading support on three Korean exchanges on March 16. Earlier this week, Binance removed the monitoring tag placed on FLOW following a security incident in December. The exchange said the previously identified issues had been resolved.

HTX said that Flow services are still active on its platform. Meanwhile, Korbit also cleared the token after finishing its own review. These updates have helped reduce fears about exchange limits, which had earlier hurt confidence in Flow.

From a technical view, FLOW had been trading inside a prolonged downtrend for several months, forming lower highs and lower lows within a falling channel. Recently, the price bounced from the lower support zone around $0.04 and moved up toward the upper trendline. This breakout candle with higher volume suggests buyers are starting to step in. If the breakout holds, the next short-term resistance could be around $0.10.

Why is Flow (FLOW) coin price up today? Flow (FLOW) coin price surged after legal action to prevent exchange delistings and Binance removing its monitoring tag, easing market concerns. What is driving the recent Flow (FLOW) coin price rally? The rally is fueled by rising trading volume, exchange support, and continued ecosystem growth as major brands build projects on the Flow blockchain. Is the Flow token a good investment? Flow has strong partnerships with brands like Disney, NBA, and Ticketmaster. Its long-term potential depends on ecosystem growth and broader crypto market trends.

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