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One platform for global traditional assets
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Kyber Network Crystal (KNC) price surged nearly 24%, reaching around $0.16, significantly outperforming the overall flat market. This is mainly due to a 900% increase in 24-hour trading volume. The recent rally coincides with product upgrades, including the expanded cross-chain swap functionality on KyberSwap and the new smart exit feature on Kyber Earn. These upgrades have boosted market confidence in the project. From a technical perspective, KNC has broken through the key resistance level of $0.148 (which has now turned into support), with the next major resistance at $0.175.