RDAC (Redacted) fluctuated by 87.7% in 24 hours: Trading volume surged 60.7% driven by upgrade registration countdown

Volatility Brief

In the past 24 hours, the price of RDAC rebounded from a low of $0.001167 to a high of $0.002190, currently quoted around $0.001351-$0.001429, with an amplitude of 87.7%. The 24-hour trading volume is approximately $1.088 million (CoinGecko data), a 60.7% increase from the previous day. Among these, the Bitget RDAC/USDT trading pair contributed $872,000, accounting for 99.86%; trading volume on Uniswap V3 (Base) remained low, at about $2,800.

Brief Analysis of the Movement Causes

• Significant increase in trading volume: 24-hour trading volume reached $1.088 million, up 60.7%, mainly concentrated on centralized exchanges such as Bitget, driving the price rebound, and low liquidity further amplified volatility.

• Countdown to upgrade registration deadline: On March 10, the RDAC team reminded that the upgrade registration from $RDAC to $10SET will end at 9:00 UTC on March 12 with a position snapshot. Holders are encouraged to withdraw from CEX to Base chain Uniswap for registration, stimulating trading activity. This follows up the March 5 "7 days remaining" announcement.

No official announcements, no large whale transfers, or reports of on-chain abnormal trading were observed.

Market View and Outlook

In the past 24 hours, there has been no trend discussion regarding RDAC in the X community, and no reports of large on-chain transactions or significant capital inflows. Market sentiment is neutral. Low liquidity (market capitalization around $180,000-$290,000) can lead to high volatility. Mainstream platforms like Bitget have warned that the price may further adjust following the registration deadline. The future outlook depends on the progress of the upgrade execution and RWA ecosystem development.