As of February 17, 2026, Orca ($ORCA $BULLA $BTG ) is currently the talk of the Solana ecosystem. While most of the market is struggling with "Extreme Fear," ORCA has just pulled off a massive, unexpected rally, largely fueled by activity on South Korean exchanges.
🐋 Orca ($ORCA) | Market Update
ORCA is currently "riding the whale," having just hit a one-month peak following a major short squeeze.
📊 The Numbers
* Current Price: $1.15 – $1.21 (Up over 50% in the last 24 hours).
* 24h Trading Volume: ~$293 Million (A massive spike from its usual $4M baseline).
* Market Cap: ~$69 Million.
* Support/Resistance: It just blasted through the $0.85 resistance. The next major technical hurdle is $1.30. If it fails to hold $1.00 on a retracement, it could slide back to its consolidation zone of $0.78.
🔥 Why is ORCA Rallying?
* The "Upbit Effect": Over 50% of the trading volume is currently concentrated on the South Korean exchange Upbit. This has led to a massive liquidity surge and a "short squeeze," liquidating over $1.8M in short positions in a single day.
* DAO Buybacks: The market is finally pricing in the Treasury Buyback & Staking plan passed in late 2025. The DAO is actively using protocol fees to buy back ORCA and stake it, creating a "supply sink."
* Solana's Top Tier: Despite heavy competition from Raydium and Jupiter, Orca remains a top-5 DEX on Solana by fees, generating roughly $135K in daily fees for the protocol.
* Launchpad Hype: New interest is growing around Wavebreak, Orca's "human-first" launchpad designed to prevent bot sniping, which is seen as a major advantage for upcoming Solana token launches.
⚠️ Trader’s Perspective
The RSI is currently screaming "Overbought" on the 4-hour timeframe. While the momentum is incredibly strong, these types of "Korean-led" rallies can be volatile. Watch for a "cool off" period where the price attempts to establish $1.05 as new support.
Would you like me to find the current staking APR for ORCA, or should I get the latest governance proposals from the Orca DAO?