Key Highlights: Decentralized finance protocols Orca and Loopscale have combined forces to establish Formation, targeting the capital and credit needs of AI, robotics, energy, and defense sectors. Formation plans to deploy a tokenized securities venue within 12 months under a recent conditional Innovation Exemption granted by the U.S. Securities and Exchange Commission (SEC). An internal ...
Key Highlights: $ORCA trades at $2.85 amid intraday downward pressure, facing resistance at the $2.93 daily pivot while testing key support near $2.54. A daily RSI of 89.1 signals extended overbought conditions, contrasting with a cooling hourly RSI of 55.6 and a negative hourly MACD. The token’s price action unfolds alongside a broader market drawdown, ...
Key Highlights: The native token of Solana-based decentralized exchange Orca ($ORCA) rallied by more than 23% over a 24-hour period, climbing to approximately $2.48. Trading volume for $ORCA surged to 12 times its typical average, signaling substantial market engagement beyond typical low-volume price swings. The upward momentum follows a governance initiative designed to route protocol ...