KernelDAO Surges 4.9% Amid $26M Trading Volume, Rebounding 24% From Recent Lows
KernelDAO (KERNELUSDT) experienced a notable price increase of approximately 4.9% to $0.1539 over the past 24 hours, with its market capitalization estimated between $25.4 million and $28.1 million. Trading activity was substantial, with recent 24-hour volume reaching up to $26.73 million and a high volume-to-market-cap ratio, indicating strong market participation.
The positive price movement follows the token’s recent recovery from its all-time low of $0.1358 fifteen days ago, representing a 24.52% rebound. This momentum is attributed to increased trading activity and renewed interest after its listing on Upbit and continued presence on major exchanges. Technical indicators present mixed signals, with a 14-day RSI of 38.10 suggesting the asset is closer to being oversold, and overall market sentiment remains bearish despite the short-term gains. The asset is still trading significantly below its all-time high of $0.4646 set in April 2025, reflecting ongoing volatility and cautious sentiment among traders.