KNC Token Surges 15.88% After DAO Transition, Cross-Chain Expansion, and KyberSwap’s $30B Milestone
Kyber Network Crystal (KNCUSDT) experienced a notable price surge in the last 24 hours, primarily driven by heightened market interest following the recent completion of its DAO transition, expansion to Avalanche and Solana, and the strong performance of KyberSwap, which has surpassed $30 billion in volume across 14 chains. The launch of Kyber Network’s cross-chain platform and positive sentiment from leadership have contributed to increased trading activity and volatility, with traders closely watching resistance levels and short-term setups.
Currently, KNCUSDT is trading at $0.5145 on Binance, reflecting a 15.88% increase over the past 24 hours from an open of $0.4440. The 24-hour trading volume has seen a significant uptick, and the circulating supply stands at approximately 187 million KNC, with a market capitalization estimated between $100 million and $111 million.