On March 2nd, Kyber Network Crystal (KNC) rose approximately 23% in the past 24 hours, with trading volume surging to its highest level in recent months, far outperforming mainstream cryptocurrencies during the same period. Analysts point out that this rally is mainly driven by the upgrade of the Kyber Network swap platform and cross-chain liquidity integration.
Recently, Kyber Network has implemented several enhancements to its decentralized exchange products. The platform expanded its swap capabilities, allowing users to exchange assets across different liquidity providers within a single transaction. Additionally, the Smart Exit feature has been deployed on some networks, offering liquidity providers an automatic closing option that can execute based on preset profit, risk management, or time parameters.
Furthermore, Kyber Network has integrated with Vaultedge, introducing more trading assets and expanding liquidity routing options. There are also plans for additional integrations to further enhance the platform’s cross-chain liquidity access.
From a technical perspective, KNC has broken through its short-term moving average resistance level, which now acts as a potential support zone. Technical analysis indicates that holding this support could facilitate further upward movement and challenge nearby resistance levels. However, if the price fails to maintain support—especially amid declining trading volume—a short-term correction may occur.
Market observers believe that the surge in trading volume combined with buying pressure has amplified price volatility. Investors should monitor the price action between support and resistance levels, as well as the potential long-term impact of cross-chain DEX upgrades on KNC’s trajectory. This rally also demonstrates that, despite weakness in mainstream coins, innovative platform upgrades can still attract significant capital inflows, boosting token activity and market attention.
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
Goldman Sachs: Hedge fund positioning may create conditions for a rebound in US stocks, with short positions rising to the highest since September 2022
Goldman Sachs report indicates that the structure of hedge fund positions in the US stock market is creating conditions for a market rebound. Speculators maintain long positions while shorting ETFs and futures. Short positions have reached their highest level since September 2022, reflecting market responses to uncertainty. If positive news emerges, it could trigger a rapid market rally.
GateNews9m ago
ETH 15-minute increase of 0.83%: Whales' capital inflow and DeFi lending demand resonate to drive the price
Between 13:30 and 13:45 (UTC) on March 11, 2026, ETH experienced a short-term fluctuation. The candlestick data shows a return of +0.83%, with a price range of 2046.07 to 2082.31 USDT, and an amplitude of 1.77%. Market activity increased during this period, with trading volume significantly higher than the previous cycle, and volatility exceeding the intraday average, attracting widespread market attention.
The main drivers of this fluctuation were the rapid inflow of large on-chain funds and active institutional accounts. Between 13:32 and 13:43,
GateNews23m ago
BTC 15-minute increase of 0.73%: Large capital inflows and technical breakout drive short-term rally
From 2026-03-11 13:00 to 2026-03-11 13:15 (UTC), the BTC price achieved a +0.73% return within 15 minutes, with a range quote of 69,338.6 to 69,975.0 USDT, and an amplitude of 0.92%. During this period, market activity significantly increased, trading volume surged compared to the previous period, market attention heated up, and short-term bullish sentiment dominated the market.
The main driver of this anomaly was large on-chain capital flows — in the first 10 minutes before the event, multiple large BTC transfers flowed into a major exchange's hot wallet, indicating
GateNews53m ago
Ethereum on-chain activity explodes: daily active addresses approach 2 million, smart contract calls exceed 40 million for a new high, but ETH drops 30% and transaction fees lose to Tron
CryptoQuant March Report indicates that Ethereum on-chain activity has reached a record high, but ETH prices have fallen 30% over the past six months, and transaction fee revenue has lagged behind other public chains. The report analyzes that the factors driving ETH prices have shifted from on-chain usage to capital flows, prompting the market to reconsider Ethereum's value proposition.
動區BlockTempo2h ago
