1INCH Token Surges 2.48% as Collateral Ratio Shifts and Alvara Protocol Integration Drive Activity

1INCHUSDT experienced a 2.48% price increase in the last 24 hours, rising from 0.0926 to 0.0949, according to Binance. This price movement follows several notable events, including adjustments to collateral ratios for 1INCH on Binance effective February 13, and integration of the 1inch Swap API by Alvara Protocol, which enhanced the network's utility. Additionally, recent withdrawals and on-chain sales—specifically a 20 million 1INCH withdrawal from Binance and 14 million tokens sold—have increased the circulating supply, contributing to heightened trading activity and volatility. The current trading volume is approximately $18.15 million USD, with the market capitalization at $132.88 million USD and a circulating supply of 1.41 billion 1INCH. Technical analysis signals increased market activity and short-term volatility, influenced by investor actions and ongoing ecosystem developments.