River breaks $46, with Korean won trading volume hitting a new record

As a standout project in the crypto space, River ($RIVER) has been making frequent surprises recently. Well-known investor Sun Yuchen recently injected $8 million, further strengthening market optimism for the project. It’s worth noting that this investor never allows a project to perform poorly—his investment vision has long been renowned in the crypto circle.

Strong Price Performance, USD Appreciation Boosts Valuation

Since the beginning of this year, $RIVER has been hitting new all-time highs almost every week. Recently, this token has broken through the $46 mark, with short-term gains attracting attention. According to market expectations, this project is poised for further upward breakthroughs, with room to grow in USD terms. The 24-hour trading volume has reached $2.6 billion, currently ranking among the Top 100 crypto assets worldwide.

Successful Expansion into the Korean Market, KRW Trading Pair Explodes

River recently successfully listed on Coinone, one of Korea’s three major exchanges. Within just 4 hours of going live, the trading volume of the KRW-$RIVER pair exceeded 24 billion Korean won, reflecting strong demand for the project in Korea. This achievement not only expanded the project’s market reach but also provided new trading channels for holders.

Ecosystem Fundamentals Improving, Collaborating with Sui Ecosystem Protocol

Price performance alone is not enough. River announced a deep partnership with the well-known L1 blockchain Sui. As a cross-chain stablecoin solution, River’s value narrative is gradually shifting from speculative hype to infrastructure utility. This transition from pure speculation to practical application lays a more solid foundation for the project’s long-term development.

Token Unlock Pressure Under Control, Major Funds Clearly Positioned

Interestingly, a token unlock is planned recently, involving 4% of the total supply, with an unlock scale close to $500 million. However, the market responded calmly, with no obvious signs of selling pressure, indicating that major funds are highly confident in the project and are quite certain about its future trajectory.

From fundamentals to market performance, River currently demonstrates impressive growth momentum. But investing in any project requires caution. In the current euphoric market sentiment, it’s even more important to make rational judgments about whether the project can sustain such valuation levels.