Orca's Price Jumps 28% in 24 Hours on $187M Volume

Orca (ORCA), a concentrated-liquidity decentralized exchange on Solana (SOL), has seen its price surge by 28% in just 24 hours, reaching near $2.10.

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

The price move is specific to Orca, as it climbed about 27% against Bitcoin (BTC) and 28% against Ether (ETH) in the same time frame, suggesting a token-specific bid rather than a broader market lift.