COW Token Surges 29.89% After New Listings, Avalanche Expansion, and Upcoming August Unlock

CoW Protocol (COWUSDT) saw a significant price increase of 29.89% in the last 24 hours, rising from a 24h open of $0.3714 to a current price of $0.4824 on Binance. This sharp upward movement is primarily attributed to recent exchange listings on INDODAX and Bitget, expansion to the Avalanche network, and anticipation surrounding a major token unlock scheduled for mid-August, which may affect circulating supply and market sentiment. Trading volume has remained active, with market capitalization reported between $170 million and $194 million and a circulating supply of approximately 498 million COW out of a total 1 billion tokens. The asset has experienced notable volatility, with a 24-hour trading range from around $0.3453 to $0.4655, and technical indicators suggest both bullish momentum and caution due to recent overbought conditions.