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Reading: Kyber Network Crystal cryptocurrency up over 23%: here’s why the KNC price is rising
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Viral Trending content > Blog > Crypto > Kyber Network Crystal cryptocurrency up over 23%: here’s why the KNC price is rising
Crypto

Kyber Network Crystal cryptocurrency up over 23%: here’s why the KNC price is rising

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Contents
Heavy trading activity fueling KNC’s price rallyProduct updates add to positive sentimentKyber Network Crystal price forecast
  • Kyber Network Crystal (KNC) has surged on a 900% volume spike.
  • Recent Kyber product upgrades have improved market sentiment.
  • Traders should closely watch the support at $0.148 support and the resistance at $0.175.

Kyber Network Crystal (KNC) has jumped by nearly 24% to trade around the $0.16 level at press time.

Kyber Network Crystal price rising
Kyber Network Crystal price chart | Source: <a href="https://www.coingecko.com/en/coins/kyber-network-crystal">Coingecko</a>

This move stands out in a market that has otherwise struggled for direction.

While many large-cap cryptocurrencies, including Bitcoin (BTC), posted losses, KNC moved higher with strong conviction, and the rally has drawn attention from traders who are now asking what is really driving the price higher.

Heavy trading activity fueling KNC’s price rally

One of the clearest drivers behind the surge is a dramatic increase in trading activity.

KNC’s 24-hour trading volume has exploded by more than 900%, pushing turnover to levels rarely seen in recent months.

Such a sharp rise in volume often signals aggressive short-term participation from traders looking to capitalise on momentum.

This also explains why the price moved largely independently of BTC, which has declined over the same period.

When volume expands this quickly, even modest buying pressure can translate into outsized price moves, and that appears to be exactly what happened with KNC.

Product updates add to positive sentiment

Although no single announcement directly triggered today’s price spike, Kyber Network has been quietly rolling out updates that have helped improve sentiment around the project.

Kyber Network recently highlighted expanded cross-chain functionality on its flagship product, KyberSwap.

As a result, users can now swap assets across 25 different blockchains using liquidity from eight providers in a single transaction.

This kind of convenience strengthens Kyber’s position in an increasingly competitive DeFi landscape.

The team has also introduced a new feature called Smart Exit on Kyber Earn.

Smart Exit allows liquidity providers to automate how and when they exit positions.

Instead of constantly monitoring charts, users can set predefined conditions for profit-taking, risk management, or time-based exits.

The feature is already live on Base and BNB Chain, with more networks expected to follow.

In parallel, Kyber has continued to form new ecosystem partnerships.

A recent integration with Vaultedge brought the USDVE asset onto KyberSwap, unlocking deeper liquidity and improved routing.

Another upcoming integration with Supernova is expected to further expand Kyber’s liquidity reach.

While these updates did not directly cause today’s spike, they help explain why traders are willing to speculate on upside.

Kyber Network Crystal price forecast

From a technical analysis standpoint, the KNC price has broken above its 30-day simple moving average near $0.148.

This level had acted as a cap for weeks, and clearing it helps reinforce bullish sentiment.

Moving ahead, the $0.148 zone has now become the most important support to watch in the near term.

Holding above this level would suggest that the recent breakout remains intact.

If buyers maintain control, KNC could attempt a push toward resistance around $0.175, and a clean break above that area may open the door to further upside.

On the downside, failure to hold $0.148, especially if trading volume contracts sharply, could trigger a quick pullback.

In that scenario, the next area of interest sits near $0.135, where buyers may look to step back in.

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