1INCH Token Surges 5.34% on Alvara Integration, Institutional Moves, and ETHDenver Momentum

The price of 1INCHUSDT increased by 5.34% in the last 24 hours, reaching $0.0966, with the uptick attributed to several recent developments including the integration of the 1inch Swap API by Alvara Protocol and Rewardy Wallet, renewed institutional activity marked by the withdrawal of 20 million tokens by the 1inch Team Investment Fund, and active participation in the ETHDenver conference. Additionally, market analysts have noted strong buying momentum, evidenced by technical indicators suggesting an overbought zone and increased accumulation interest, although liquidity concerns remain following a recent event where a $2 million sell order caused a notable price drop.

Currently, 1INCHUSDT holds a market capitalization of approximately $137.04 million, with a circulating supply of about 1.41 billion tokens and a 24-hour trading volume near $13.1 million, demonstrating heightened market activity and robust engagement on leading exchanges such as Binance.