- Chiliz price rose more than 13% to above $0.0433.
- Korea’s Naver Pay has onboarded nearly 1 million users to the Chiliz Chain.
- Top European teams with fan tokens have advanced in the UEFA Champions League.
Chiliz (CHZ) rose more than 13% as investor momentum strengthened.
The token’s price moved higher following a new milestone in Asia’s crypto adoption, while renewed excitement around European football also supported gains, pushing CHZ to its highest level this month.
Chiliz Chain gets Korean boost
Chiliz is looking to gain traction in South Korea following a new integration with Naver Pay, the country’s dominant payment gateway.
On Thursday, Chiliz announced that Naver is bringing its 33 million daily active users on-chain via Chiliz Chain, a move aimed at supercharging growth in the SportFi ecosystem.
As part of the integration, Chiliz said its infrastructure layer—focused on fan engagement and tokenized sports experiences—has added nearly one million new participants in South Korea.
More than 900,000 Naver Pay Wallets have already been created on the Chiliz Chain, enabling users to access fan tokens, digital collectibles, and blockchain-based sports rewards.
The partnership represents a significant step in linking traditional fintech platforms with Web3 infrastructure, particularly in South Korea, a market known for its high cryptocurrency trading activity.
CHZ Token gains as Europe’s football giants advance in UCL
CHZ’s price action intensified amid UCL semifinal drama.
The token surged by more than 13% intraday, peaking above $0.0433 and emerging as one of the top performers on the day. Gains aligned with a spike in trading volume, which had exploded 262% to over $175 million, as of writing, to signal robust investor enthusiasm.
This rally coincides with Chiliz’s announcement on X that a Fan Token-backed team is assured a UCL final spot.
Notably, Arsenal, Atletico Madrid, and Paris Saint-Germain (PSG) have all advanced to the semifinals, amplifying hype for their Chiliz-powered Fan Tokens.
Fan Tokens, which let supporters vote on club decisions and earn rewards, saw heightened trading as fans rallied behind their teams.
Chiliz price outlook
Analysts remain bullish on CHZ ahead of the 2026 World Cup in the United States, Canada, and Mexico, projecting a potential rally as the showpiece event draws closer.
In the short-term, CHZ could climb to $0.06 if Korean onboarding sustains and UCL finals deliver fan token spikes.
However, primary resistance sits at $0.045 and $0.05. On the downside, immediate support is likely at $0.038.
Macro and geopolitical factors could catalyze broader market corrections, which means Chiliz’s price may swing alongside top coins.
Source: https://coinjournal.net/news/chiliz-price-surges-amid-adoption-in-south-korea-and-uefa-champions-league-excitement/
