Kyber Network Jumps 23% as Volume Surges on Upgrades

TheNewsCryptoPublished on 2026-03-02Last updated on 2026-03-02

Abstract

Kyber Network Crystal (KNC) surged 23% in recent trading sessions, driven by a significant spike in trading volume and recent platform upgrades. The token outperformed many large-cap cryptocurrencies during this period. Key developments include enhanced cross-chain functionality on KyberSwap, allowing users to exchange assets across multiple blockchains in a single transaction. The platform also launched Smart Exit for liquidity providers, automating position exits based on predefined conditions. Additionally, integrations with Vaultedge and other partners have broadened liquidity options. Technically, KNC broke above a key resistance level, which may now serve as support. Maintaining this level could lead to further gains, while a breakdown might trigger a retracement.

Kyber Network plunges around 23% in just one day as volume spikes on KyberSwap upgrades and new liquidity amalgamations.

Kyber Network Crystal (KNC) accumulated over 23% in the latest trading sessions, influenced by surged trading volume and the latest platform upgrades, as per the market data.

The progress of the token compared with losses listed by various large-cap cryptocurrencies in that same period, as per the trading data. Trading volume for Kyber Network Crystal surged substantially in the short term, attaining levels not witnessed in the past few months, as per the exchange data.

Increased trading volume can boost price movements when amalgamated with purchasing pressure, as per the market analysts. Kyber Network publicised various product amplifications to its decentralised exchange platform.

The protocol widened cross-chain functionality on its swap product, permitting users to exchange assets over various blockchains using liquidity from different providers in a single transaction, as per the statement of the company.

The Additional Features

The platform also rolled out Smart Exit, aimed at liquidity providers, which automates position exits as per predefined conditions for profit-taking, risk management, or time-based parameters, as per the announcement.

The feature has been placed on some networks, with additional amalgamations planned, the company mentioned. Kyber Network fulfilled an amalgamation with Vaultedge, taking extra assets to the swap platform and widening liquidity routing options, as per the company.

One more amalgamation is set for future deployment, which is anticipated to further widen the platform’s liquidity access, the company mentioned. Taking the technical analysis perspective into account, the token broke above a short-term moving average that had so far acted as resistance, the chart data reports.

The level now indicates a potential support zone, technical analysts mention. Keeping price levels over the support could show a continued upward trajectory toward nearby resistance levels.

A break over resistance may result in extra gains; however, if it does not succeed in holding support, mainly with slipping volume, it could lead to price retracements, as per technical analysis.

Highlighted Crypto News Today:

Michael Saylor Signals New Bitcoin Buy Amid Market Weakness

TagsKyber Networkliquiditytrading

Related Questions

QWhat is the main reason for Kyber Network Crystal (KNC) experiencing a 23% price surge?

AThe price surge was influenced by a significant increase in trading volume and the latest platform upgrades, including new cross-chain functionality and liquidity amalgamations.

QWhat new feature did Kyber Network introduce for liquidity providers?

AKyber Network introduced 'Smart Exit', a feature that automates position exits based on predefined conditions for profit-taking, risk management, or time-based parameters.

QWhich technical indicator did KNC break above, according to the chart data?

AThe token broke above a short-term moving average that had previously acted as a resistance level.

QWhat was the result of Kyber Network's amalgamation with Vaultedge?

AThe amalgamation with Vaultedge brought additional assets to the swap platform and widened liquidity routing options.

QWhat could happen if KNC fails to hold its new support level, according to technical analysis?

AIf the price fails to hold the support level, especially with declining volume, it could lead to price retracements.

Related Reads

How USDC, PYUSD are challenging USDT’s stablecoin dominance

The stablecoin market has expanded significantly, with total supply growing from $140 billion to around $266 billion. While Tether (USDT) remains the largest issuer with $193 billion in supply, its dominance is gradually weakening, especially within EVM ecosystems, where it holds only 47% of the supply compared to its global 59% share. Over a 30-day period, USDT's supply decreased by 1.02%, while USD Coin (USDC) grew 7.42% and PayPal USD (PYUSD) expanded 16.66%. This shift reflects a market increasingly favoring compliant, regulated issuers with transparent reserves. Stablecoins are increasingly used for real-world payments, with annual payment volume reaching nearly $390 billion, including significant remittance flows. Activity on networks like Polygon and growing DeFi usage further highlight this trend toward utility. Regulatory clarity is accelerating institutional adoption, benefiting transparent issuers like USDC and PYUSD, indicating that future competition will be shaped by compliance and infrastructure as much as liquidity.

ambcrypto12m ago

How USDC, PYUSD are challenging USDT’s stablecoin dominance

ambcrypto12m ago

Crypto Watchlist: 5 Things To Monitor This Week

Crypto markets face a mix of geopolitical and product catalysts this week. Bitcoin remains the key macro watch, rebounding after an initial dip from U.S.-Iran tensions, with traders assess whether the conflict will escalate or fade. Oil price movements are being monitored for inflation and rate implications. On the product side, Starknet is launching strkBTC, a privacy-optional wrapped Bitcoin. Polygon’s March 4 upgrade will recycle gas fees to subsidize machine-to-machine payments. Avalanche begins its Retro9000 incentive round on March 2, shifting focus to rewarding most-used projects. The week concludes with the U.S. jobs report on March 6, which could reset interest rate expectations. Overall, macro factors like geopolitical risk and economic data may drive sharp market swings. The total crypto market cap stood at $2.25 trillion.

bitcoinist44m ago

Crypto Watchlist: 5 Things To Monitor This Week

bitcoinist44m ago

Ethereum gains on Bitcoin as capital rotates back into altcoins

Capital rotation is shifting back into altcoins, with Ethereum showing early signs of relative strength against Bitcoin. The ETH/BTC pair has printed higher highs over the past two weeks, indicating investors are reallocating capital toward Ethereum. This often leads to liquidity flowing further into select altcoins. Market metrics like the Altcoin Season Index and derivatives data suggest improving internal structure and more balanced positioning. Since January, Bitcoin’s dominance has declined from 59.26% to 58.01%, implying approximately $16.5 billion has rotated into altcoins and stablecoins. However, ongoing geopolitical risks could cap momentum, as altcoins remain vulnerable during risk-off periods due to their higher volatility. The sustainability of this recovery depends on both continued capital rotation and broader macro stability.

ambcrypto1h ago

Ethereum gains on Bitcoin as capital rotates back into altcoins

ambcrypto1h ago

Crypto market climbs 5% in 24 hours as Bitcoin tops $69K

The cryptocurrency market surged over 5% in the past 24 hours, reaching a total market capitalization of $2.36 trillion. Bitcoin led the rally, trading above $69,000 with a 6.11% daily gain and approaching the key $70,000 resistance level. Ethereum and Solana outperformed, rising 6.69% and 7.18% respectively, with Solana posting a notable 12.16% weekly increase. BNB and XRP also advanced, though with minor hourly declines. The broad-based gains across major tokens indicate strong market participation and positive momentum, with the overall crypto market cap rising 5.04% to $2.36 trillion.

ambcrypto1h ago

Crypto market climbs 5% in 24 hours as Bitcoin tops $69K

ambcrypto1h ago

After Crossing the War-Torn Border, I Had to Reexamine the Entire Crypto World

Author brother bing, co-founder of MegaETH, reflects on the crypto industry after personally witnessing missile defense systems during recent conflict near the UAE-Oman border. He observes that technology acts as an amplifier—enhancing productivity in healthy societies but becoming a weapon of attention or control during downturns. He argues crypto was meant to be a parallel system for borderless finance with lower collaboration costs, but the pursuit of legitimacy led to overemphasis on institutional integration rather than foundational innovation. While blockchain as TradFi middleware has value, it shouldn’t be mistaken for systemic reinvention. Bing calls for a return to crypto’s original vision: building boring but critical infrastructure for real sovereignty, such as cross-border savings, lending experiments, and alternative financial structures. He urges developers and communities to realign with long-term structural goals rather than short-term attention incentives, emphasizing that crypto’s success depends on courage to verify realities firsthand and build independent systems despite broader societal trends.

比推1h ago

After Crossing the War-Torn Border, I Had to Reexamine the Entire Crypto World

比推1h ago

Trading

Spot
Futures

Hot Articles

How to Buy ONE

Welcome to HTX.com! We've made purchasing Harmony (ONE) simple and convenient. Follow our step-by-step guide to embark on your crypto journey.Step 1: Create Your HTX AccountUse your email or phone number to sign up for a free account on HTX. Experience a hassle-free registration journey and unlock all features.Get My AccountStep 2: Go to Buy Crypto and Choose Your Payment MethodCredit/Debit Card: Use your Visa or Mastercard to buy Harmony (ONE) instantly.Balance: Use funds from your HTX account balance to trade seamlessly.Third Parties: We've added popular payment methods such as Google Pay and Apple Pay to enhance convenience.P2P: Trade directly with other users on HTX.Over-the-Counter (OTC): We offer tailor-made services and competitive exchange rates for traders.Step 3: Store Your Harmony (ONE)After purchasing your Harmony (ONE), store it in your HTX account. Alternatively, you can send it elsewhere via blockchain transfer or use it to trade other cryptocurrencies.Step 4: Trade Harmony (ONE)Easily trade Harmony (ONE) on HTX's spot market. Simply access your account, select your trading pair, execute your trades, and monitor in real-time. We offer a user-friendly experience for both beginners and seasoned traders.

2.5k Total ViewsPublished 2024.03.29Updated 2025.06.04

How to Buy ONE

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of ONE (ONE) are presented below.

活动图片

Top Questions

Hot Categoriesright-arrow

Hot Tagsright-arrow