Crypto
Orca Price Explodes by Nearly 28% as Volume Tops Market Cap
Orca (ORCA), a concentrated-liquidity decentralized exchange on Solana (SOL), has seen its price surge by nearly 28% in the past 24 hours, trading near $2.10.
The token's volume reached approximately $187 million against a market cap of around $127 million, according to data from CoinGecko, putting the volume-to-market-cap ratio at roughly 1.5x.
This price increase is significant, but it's worth noting that Orca also climbed by about 27% against Bitcoin (BTC) and 28% against Ether (ETH), suggesting a token-specific bid rather than a broader market lift.