Gate News Bot news, on November 28, according to CoinMarketCap data, as of the time of writing, ORCA (Orca) is currently priced at $1.27, with a fall of 29.40% in the last 24 hours, reaching a high of $2.12 and a low of $1.02, with a 24-hour volume of $390 million. The current market capitalization is approximately $76.2 million, a decrease of about $31.71 million compared to yesterday.
Important news about ORCA recently:
1️⃣ Solana Policy Research Institute Proposes Security Tokenization Framework
The Solana Policy Research Institute, in collaboration with Orca and Superstate, has proposed a SEC-supported framework aimed at bringing Wall Street stocks onto the blockchain. This initiative is expected to attract more institutional investors to Orca, expanding its influence in the DeFi space. In the long term, this could enhance the market position and value of ORCA.
2️⃣ ORCA native token listed on mainstream exchanges
The native token of ORCA was recently listed on a major cryptocurrency exchange, causing its price to surge by 92% in a short period. This listing event significantly increased ORCA's liquidity and market exposure, providing strong momentum for its price fluctuations. However, the price adjustment after the listing may also lead to extreme volatility in the short term.
3️⃣ Solana Ecosystem Continues to Develop
As one of the leading decentralized exchanges on Solana, Orca benefits from the overall development of the Solana ecosystem. With the continuous improvement of Solana network performance and the expansion of its user base, Orca has also gained more volume and user attention, which supports its long-term development.
From a technical perspective, ORCA is currently facing corrective pressure after experiencing a strong rise earlier. A price adjustment may occur in the short term, but considering its important position in the Solana ecosystem, the long-term development prospects are still worth关注.
This message does not constitute investment advice, and investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
PI (Pi) increased by 4.01% in the last 24 hours
Gate News Bot Message, February 26th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.17, up 4.01% in the past 24 hours, with a high of $0.18 and a low of $0.16. The current market capitalization is approximately $1.585 billion, an increase of $61.1 million compared to yesterday.
Pi Network is the first digital currency that can be mined on a mobile phone, utilizing breakthrough technology to enable energy-efficient mining on mobile devices. The project adopts a decentralized design, offering a secure, tamper-proof, and interoperable digital currency; it also features a mobile-first approach, supporting mining on phones without draining the battery. The project emphasizes user-friendliness and environmental sustainability, allowing scalable and secure operation without high electricity consumption. Users can start mining for free by downloading the Pi app, requiring only existing network members.
GateNewsBot38m ago
Ethereum surpasses $2000, whales buy over $50 million worth of ETH
Ethereum (ETH) has recently increased by approximately 8%, with several large whale addresses collectively adding over $50 million worth of ETH, indicating active capital replenishment. Additionally, the Coinbase Premium Index turning positive suggests a rebound in demand from US institutional investors, while Ethereum's MVRV ratio has improved from "severely undervalued" to "mildly undervalued." These indicators all signal a rebound in the Ethereum market.
MarketWhisper43m ago
Bitcoin hits $70,000 resistance and pulls back, while altcoins collectively surge, signaling a strong rotation.
Bitcoin has recently failed to break through $70,000, falling back to $68,300, with short-term high-level fluctuations. In contrast, various altcoins are performing strongly, with capital flowing into high-risk assets. The market still faces macroeconomic pressures, liquidity recovery is slow, and there is a risk of further pullbacks, reflecting a divergence between short-term rebounds and medium-term corrections.
GateNewsBot54m ago
Strategy becomes the most shorted stock in the US as Bitcoin recovers around $70,000
Bitcoin's recovery to around $70,000 has not alleviated skepticism, as Michael Saylor's company, Strategy, becomes one of the most shorted stocks in the US, with 14% of its market cap bet against it, reflecting investor caution despite recent cryptocurrency gains.
TapChiBitcoin1h ago
Monad Co-founder: The conspiracy theory that Jane Street is suppressing Bitcoin below $150,000 is unfounded
Monad Co-founder Keone Hon posted on the X platform to refute the conspiracy theory that Jane Street is suppressing Bitcoin below $150,000, pointing out that the total market position aligns with the total supply of Bitcoin, and any party can decide to short to increase long positions.
GateNewsBot2h ago
The bear market dominates, Toncoin (TON) faces the risk of plunging to lower price levels
The price of Toncoin (TON) remains in a gloomy tone as it continues to plummet below the $1.29 mark at the time of writing on Thursday. Since the beginning of the week, this coin has lost more than 4% of its value, clearly reflecting increasing selling pressure. The weakening of on-chain indicators, combined with data from the market,
TapChiBitcoin2h ago
