#数字资产市场观察 ORCA has shown a strong trend recently, currently priced at $1.37, with a 24-hour rise of 5%, and a cumulative increase of 25% over the week, with daily volume surpassing $94 million. As the leading DEX in the Solana ecosystem, this rebound indeed exceeds many people's expectations.

The project team has been quite active recently. The DAO community has just passed the proposal for token buybacks and staking mechanism upgrades, and the expectation of a contraction in circulation has clearly warmed market sentiment. What’s even more interesting is that the team is distributing Soulbound Token airdrops to active users from the past six months, with a deadline set for November 29th—this binding reward mechanism significantly enhances community cohesion.

The adjustment of xORCA's profit structure is also worth paying attention to, as the optimization of governance weight and dividend ratio has led many long-term holders to reassess their position allocation. From a technical perspective, after the price rebounded 35% from a low of $1.10, the MACD has generated a golden cross signal, and the RSI indicator is hovering in the 55-60 range, indicating neither overbought nor losing upward momentum.

The recovery speed of TVL data exceeds expectations, and the low slippage advantage of cross-chain Swap functions is particularly practical in the current market environment. On-chain large transfer records show that funds are continuously flowing into the ORCA pool. Of course, the overall recovery of the Solana ecosystem is a prerequisite - no matter how strong a single project is, it still depends on whether the fundamentals of the public chain can hold up.

In the short term, if it can hold the support level at $1.40, the next resistance zone may be around $2.80-$3.00. However, market volatility is still significant, and one needs to weigh their own risk tolerance before getting in.