KNC Token Soars 60% as Trading Volume Hits $1.33B, Bullish Momentum Drives Market Surge

KNCUSDT has experienced a significant price surge over the past 24 hours, with the current price at 0.5519 USDT on Binance, reflecting a 60.44% increase from the 24-hour open of 0.3440. The sharp rise in price and trading volume appears to be driven by renewed market interest, as evidenced by a 400.79% spike in trading volume during a recent 10-minute interval and a total 24-hour trading volume reaching up to $1.33 billion across platforms. Technical indicators such as an RSI(6) of 96.4170 and a positive MACD signal strong bullish momentum. The recent focus on Kyber Network’s co-founder and the protocol’s role in decentralized finance, along with its recovery from a past exploit, have contributed to heightened attention and activity. Kyber Network Crystal’s market capitalization is now estimated at approximately $112.53 million, with a circulating supply of about 187.44 million KNC. The asset has shown strong performance within the broader market, supported by substantial increases in both price and trading volume.