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Here’s Why Orca (ORCA) is Up 67% Today

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Orca (ORCA), a Solana-based decentralized finance protocol, appears to be the latest project capturing traders’ attention. According to data from CoinGecko, the project’s token has surged over 70% in the last 24 hours. It trades at $1.34 at press time.

Moreover, trading volume has jumped an astonishing 5,315.80% to over $241 million, reflecting a surge in market activity.  This jump appears to be driven by Orca’s new role in the emerging Solana DeFi ecosystem. 

Orca Becomes Core DeFi Infrastructure

The catalyst behind the surge stems from an announcement highlighting Orca’s deep liquidity powering the next generation of DeFi startups. Specifically, Orca is supporting DeAura’s launch of TokenTon26, a program designed to help builders go from idea to fully launched token with real users. The program comes with more than $100,000 in prizes, audits, and credits for participants.

Unlike a typical hackathon, TokenTon26 is a launch protocol. While most hackathons reward only demos, TokenTon26 rewards fully operational projects. Builders will move from ideation to product creation to live token deployment, all on Solana. Orca provides the liquidity backbone for these launches.

Traders reacted quickly because this position orca as more than just a decentralized exchange (DEX). It now acts as foundational infrastructure for new projects entering Solana. Deep liquidity ensures smooth trading, reduces slippage for early users, making Orca the default choice for projects wanting immediate market access.

Market Reaction 

The announcement reassures investors that Orca’s utility will grow alongside the new projects it supports. More launches translates into more activity, swaps, and demand for the token. In crypto markets, perceived future usage often drives prices faster than current metrics. Thus, Orca’s new narrative is a textbook example of this effect.

Moreover, the TokenTon26 program signals institutional-grade support for Solana DeFi projects. With audits, funding, and ecosystem support, projects from this program are more likely to succeed, lowering risk and encouraging developer and investor participation.

Beyond today’s surge, ORCA has defied the market downtrend. The asset registered about 49.4% increase in the past 30 days. It has surged over 77%  in the last seven days. 

What is Orca?

Orca is a cryptocurrency project centered around a decentralized exchange (DEX) built on the Solana blockchain. It operates as both a DEX and an automated market maker (AMM). Trades occur through liquidity pools, funds locked in smart contracts rather than matching buyers and sellers manually.

Users deposit token pairs into liquidity pools, allowing instant swaps between assets. Prices are set automatically by mathematical formulas, and small trading fees are distributed to liquidity providers as rewards.

The platform focuses heavily on simplicity and accessibility. Its interface is designed to help both beginners and experienced traders participate in DeFi activities such as swaps, liquidity provision, and yield farming. Because it runs on Solana, transactions confirm quickly and cost very little. This makes Orca especially attractive for active traders and DeFi participants.

With its role in supporting TokenTon26 and the broader Solana ecosystem, Orca has moved beyond being just a trading platform. It is now emerging as infrastructure for next-generation DeFi. If the narrative holds, ORCA could see further demand as new projects launch and users interact with its liquidity pools. 

The post Here’s Why Orca (ORCA) is Up 67% Today appeared first on CoinTab News.

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