$KMNO is trading at $0.06991, with a 24-hour volume of $23.32 M, a market cap of $104.92 M, a circulating supply of 1.5 B KMNO, a Vol/Mkt Cap ratio of 22.23 %, up 11.60 % over the past day. This latest surge follows a 15 % rally driven by Binance’s May 8 spot listing, which expanded KMNO trading pairs and liquidity access. Technical analysts on Binance Square highlighted a bullish engulfing candle on the daily chart and a breakout of key resistance on the 4-hour timeframe, which spurred momentum traders to buy in. Broader Solana DeFi growth, evidenced by Kamino’s TVL surpassing $836 M, has reinforced confidence in its concentrated liquidity and lending products. Anticipation around the upcoming Kamino Lend v2 upgrade—bringing a next-gen liquidation engine, cross-and-isolated modes, and a new lending orderbook—has also fueled demand ahead of its launch. A CCN analysis noted that KMNO’s rally recovered from a bearish wedge pattern, with RSI and Awesome Oscillator readings confirming bullish momentum. Following its Binance Alpha Spotlight listing on May 12, KMNO enjoyed a further 30 % pop, underscoring exchange endorsements’ power to drive token performance. While short-term bearish pressure was flagged ahead of an April 30 token unlock of 229 M KMNO, valued at $14.3 M, the positive catalysts have outweighed selling concerns. Despite trading well below its all-time high of $0.2478 (-71.78 %), today’s momentum highlights renewed retail and institutional interest.