ambcrypto.com 
Kaito [$KAITO] gained more than 13% in 24 hours as trading activity accelerated. The rally pushed its weekly gains above 25%, extending the altcoin’s bullish structure.
However, an upcoming token unlock could test whether buyers have enough capital to sustain the move.
Why is trader interest rising?
Derivative traders showed the highest level of interest in the $KAITO token this year, as the Open Interest (OI) reached $70.88 million. The OI surpassed the $60 million mark, which was hit at the start of the year and has been the highest all along.
When OI is rising alongside the price action, it indicates that more long positions are being stacked.
Source: CoinGlass
Additionally, daily trading volume more than tripled from $15 million on the 12th of July to above $47 million.
Token Terminal placed the weekly total slightly above $209 million. Its chart also showed steady growth over five consecutive days. Together, rising volume and Open Interest showed stronger market participation behind $KAITO’s rally.
Source: Token Terminal
Can bulls clear $0.85?
$KAITO also broke above the $0.38–$0.54 range, which had contained the price since late March.
Buyers cleared the range’s upper boundary in early July, confirming a bullish structural shift. Net Volume remained positive, with net buying reaching approximately 1.98 million $KAITO at press time.
Source:
$KAITO/USDT on TradingView
Meanwhile, the Bollinger Bands expanded after an earlier compression. This indicated that price volatility had increased following the breakout.
Even so, $KAITO encountered resistance between $0.80 and $0.85. Price momentum slowed around this zone, placing the rally’s next test firmly in view.
Will the token unlock stall $KAITO?
The potential reason behind this lag could be the anticipated selling pressure from the upcoming token unlocks.
As per Tokenomist, about 17.60 million $KAITO tokens worth $14.93 million would be unlocked in three days’ time. Usually, such activities tend to create selling pressure as they increase the circulating supply in the market.
Source: Tokenomist
Still, with capital to absorb this supply, the price action may continue surging, especially if bulls continue buying.
Therefore, the market structure remains bullish in the short term, but that could change if supply dynamics outweigh capital inflows.
Final Summary
- $KAITO AI rallies 13% in 24 hours as OI reaches the highest level this year and token volume increases by 3x this week.
- $KAITO price broke above a sideways market this month and has been rising, but faces a key test amid the upcoming token unlock.
