ChainCatcher news, according to RootData, the Orca token (ORCA) has increased by 55.25% in the last 24 hours, currently priced at $2.57.Additionally, the Web3 asset data platform RootData shows that Orca is a decentralized exchange (DEX) based on Solana that operates as an automated market maker (AMM). Orca's core focus is on the user interface, enhancing usability and accessibility through human-centered design. As the largest pure AMM on Solana, Orca particularly emphasizes the composability and simplicity of AMMs and is positioned as the "DeFi Lego" (middleware) of the ecosystem.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, smart money that previously traded BOME for a profit of 1.2 million dollars spent 8.2 SOL yesterday to buy 20,700 ORCAT, making a profit of 400,000 dollars. Currently, it ranks sixth in ORCAT holdings.

ChainCatcher news, the decentralized cryptocurrency trading protocol Orca on Solana will restrict trading activities for US users on its website starting March 31. According to DefiLlama data, Orca's trading volume last week was $280 million, about three times that of Solana's second-largest trading platform Raydium. (CoinDesk)