Orca Price Skyrockets 28% in 24 Hours Amid Heavy Trading Volume

Orca (ORCA), a concentrated-liquidity decentralized exchange on Solana (SOL), experienced a significant price surge, climbing around 28% in just 24 hours to trade near $2.10.

The token's 24-hour turnover reached approximately $187 million against a market cap of about $127 million, according to CoinGecko data. This puts the volume-to-market-cap ratio at roughly 1.5x.

This price movement is notable because it signals a token-specific bid rather than a broader market lift, as ORCA also climbed around 27% against Bitcoin (BTC) and 28% against Ether (ETH) in the same window.