DOGE Sees $2.58B Volume Amid Solana Bridge, Major Transfer, and Binance South Asia Promotion
Dogecoin (DOGE) is currently trading at $0.22769 on Binance, reflecting a 3.32% decline over the past 24 hours, with a 24-hour trading volume of approximately $2.58 billion and a market capitalization near $34.33 billion. The recent price decrease follows a period of strong weekly gains and heightened trading activity, driven by increased open interest, positive technical signals, and renewed speculative interest as traders rotate from Bitcoin into major altcoins. Notable developments include the integration of DOGE with the Solana blockchain via the Wormhole bridge, a significant on-chain transfer of 100 million DOGE from Binance to an unknown wallet, and a South Asia-exclusive Binance promotion offering DOGE token vouchers to new futures traders. These factors have contributed to increased market attention and liquidity, though short-term volatility remains as the market digests these updates and broader crypto trends.