Orca Soars 28% in 24 Hours, Volume Tops Market Cap
Orca (ORCA), the concentrated-liquidity decentralized exchange on Solana (SOL), has surged by nearly 28% in a single day, trading near $2.10.
The token's 24-hour volume reached approximately $187 million against a market cap of about $127 million, according to data from CoinGecko.
This puts the volume-to-market-cap ratio at roughly 1.5x, suggesting strong buying pressure in Orca.