The rise in ORCA is reflected not only in the price chart but also in market participation: while the price rose 17.5% in 24 hours, spot volume increased by 88%.
The 107.6% growth in the number of transactions and taker buys leading by 56.1% indicate that the move is supported by increasing participation and buyer flow. Still, this picture does not guarantee a lasting trend; since a significant part of the rally happened in a short time, maintaining momentum is critical.
The main point to watch is whether taker buyer dominance will continue as new transactions increase.
The 107.6% growth in the number of transactions and taker buys leading by 56.1% indicate that the move is supported by increasing participation and buyer flow. Still, this picture does not guarantee a lasting trend; since a significant part of the rally happened in a short time, maintaining momentum is critical.
The main point to watch is whether taker buyer dominance will continue as new transactions increase.