🐳 ORCA Wakes Up! +21% Surge Explained (Institutional Move?)
What’s Happening?
ORCA has shattered its downtrend with a massive daily candle, currently trading at $1.16. While retail is chasing memes, "Smart Money" is bidding on infrastructure.
The Real Catalyst (Not just FOMO):
Nansen NX8 Launch: The new Nansen Index is live and tradable exclusively on Orca. This brings institutional-grade volume directly to the DEX.
Deflationary Mechanics: The Orca DAO is now actively using 30% of protocol fees to buy back ORCA from the open market. Real yield = Real demand.
Supply Shock: With whales accumulating and shorts getting squeezed, the floating supply is drying up fast.
My Verdict:
This breakout is backed by fundamentals. As long as we hold above $1.00, the road to $1.50 looks clear.
Are you riding the Solana DeFi wave or sitting on the sidelines? 👇
