OriginTrail’s native token TRAC surged 32% to reach a monthly high of $0.38 before settling near $0.35, driven by heightened speculative demand tied to the AI narrative. Trading volume jumped 300% to $30 million, while market cap climbed 34% to $171 million. The token broke out of a range after holding around $0.28 and briefly dipping to $0.25. Futures data showed strong buying pressure, with buy volume reaching 3.17 million against sell volume of 1.94 million. However, profit-taking emerged as spot netflow hit a record $518,000, indicating increased exchange inflows.
After holding around $0.28 since failing to maintain $0.30 and falling to $0.25, OriginTrail [TRAC] rebounded strongly, breaking out to a monthly high of $0.38. At press time, TRAC traded at roughly $0.35, marking a 32% gain. Trading volume surged 300% to $30 million, while market cap rose 34% to $171 million, signaling steady capital inflows.
OriginTrail has gained market attention largely due to the AI narrative. The crypto community has compared it to a decentralized Palantir. According to Chain Ink, OriginTrail stands out for its ability to remember, as its decentralized knowledge graph provides AI agents with shared memory and built-in provenance, addressing issues of truthfulness and verifiability. Cryptoguku remarked, “OriginTrail is a decentralised Palantir.”
Speculative demand has risen sharply. Coinalyze data shows futures buy volume climbed to 3.17 million, while sell volume dropped to 1.94 million, resulting in a positive buy-sell delta of 1.23 million. Historically, strong speculative demand has boosted short-term price performance.
Profit realization has also spiked. According to CoinGlass, spot netflow skyrocketed to a record high of $518,000, a massive jump from -$15,000 the previous day. Positive netflow indicates more TRAC flowing into exchanges, increasing sell-side pressure.
Despite rising profit-taking, OriginTrail remains under strong bullish pressure. The Relative Strength Index climbed from 42 to 65, deep in bullish territory, suggesting buyers control momentum. The Directional Movement Index confirms trend strength, with the positive index at 42 and the negative index at 8. If demand holds, TRAC could flip the $0.40 resistance; if profit-taking continues, it may drop below $0.30, with $0.26 as support.
