RPL Token Soars 62% Amid Saturn One Upgrade and Fee Switch, Traders Eye ETH Rewards

Rocket Pool (RPL) experienced a substantial price increase in the past 24 hours, rising 62.79% from $1.72 to $2.80 on Binance. This surge is largely attributed to the upcoming Saturn One protocol upgrade scheduled for February 18, which will introduce an RPL fee switch enabling staked RPL holders to earn ETH-denominated rewards and reducing RPL emissions. Additionally, Bitget’s announcement to adjust the RPLUSDT perpetual futures funding rate to an hourly interval may have contributed to heightened trading activity. Elevated volatility, significant liquidations near $2.65, and increased trading volume are evident across major exchanges. RPLUSDT is currently trading at $2.80 with strong volume, reflecting dynamic market activity and mixed sentiment among traders.