RIVER(River)24小时上涨33.35%

Gate News Bot Message, January 22nd, according to CoinMarketCap data, as of press time, RIVER (River) is currently priced at $48.10, up 33.35% in the past 24 hours, with a high of $48.74 and a low of $16.64. The 24-hour trading volume reached $68.9 million. The current market capitalization is approximately $943 million, an increase of $236 million from yesterday.

Important recent news about RIVER:

1️⃣ Sui Ecosystem Strategic Partnership Expands Multi-Chain Liquidity Landscape

River has reached a strategic partnership with Sui’s official team to bring liquidity and yield opportunities from multi-chain ecosystems into the Sui ecosystem. Under this cooperation framework, River’s core stablecoin satUSD will serve as a cross-ecosystem settlement asset, connecting liquidity across different chains and being natively usable on Sui. Through River’s chain-abstracted stablecoin architecture, users can deposit collateral assets on one chain and mint and use satUSD on another chain without bridging or wrapping assets, significantly lowering operational barriers. Combined with Sui’s high-performance, low-latency technology, satUSD will introduce capital from multiple ecosystems into DeFi applications and yield products within the Sui ecosystem, expanding liquidity depth and composability. This partnership marks an important step for River in advancing multi-ecosystem deployment, opening a new channel for external capital to connect with Sui, and laying a strategic foundation for expanding the project’s ecosystem scope and capital scale.

2️⃣ Alpha Version Iteration and Continuous Exchange Liquidity Support Drive Uptrend

Since the launch of the Alpha version, RIVER has gained over 100% in total value, with the market’s attraction from new feature iterations remaining strong. Supported by liquidity from mainstream centralized exchanges like Gate, the 24-hour trading volume has surged from $37.3 million on January 12th to the current $68.9 million, an increase of over 85%, reflecting sustained high market participation. The continuous improvement of the exchange ecosystem has significantly broadened retail investors’ trading channels, greatly enhancing the token’s market accessibility and liquidity depth. The price has soared from an initial low of $11.54 to the current $48.10, an increase of over 317%, demonstrating the synergistic effect of product innovation and expanded trading channels.

3️⃣ Ecosystem Expansion and Infrastructure Enhancement Strengthen Fundamentals

RIVER’s third-quarter airdrop has been completed, with over 130,000 users participating and 63,000 meeting claim conditions. The project has achieved real-time integration with more than 30 platforms including Pendle, Morpho, and ListaDAO, launching innovative products such as Smart Vault and Prime Vault, and deploying across multiple chains on the Base network. The protocol’s peak locked value reached $650 million, with the circulating satUSD reaching $350 million. These substantial ecosystem expansions, multi-chain infrastructure developments, and product innovations have provided solid intrinsic support for the market cap, which increased from $345 million on January 12th to the current $943 million, a growth of 174%. This fully demonstrates the ongoing optimization of the project’s fundamentals and the effective implementation of ecosystem development.

4️⃣ Token Unlock Risks Require Attention

On January 22nd at 8:00 AM Beijing time, RIVER completed a large token unlock, releasing approximately 1.5 million tokens, representing 4.32% of the circulating supply, valued at about $36 million. Although the unlock volume is relatively moderate, investors should pay close attention to potential selling pressure risks and remain cautious about the stability of subsequent price movements.

This message is not investment advice. Please be aware of market volatility risks when investing.

SUI-1.77%
PENDLE4.6%
MORPHO0.49%
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