Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
HEMI surges by 287.77% within 24 hours as market experiences turbulence and new developments drive momentum

HEMI surges by 287.77% within 24 hours as market experiences turbulence and new developments drive momentum

Bitget-RWA2025/09/26 18:28
By:CryptoPulse Alert

- HEMI surged 287.77% in 24 hours to $5.72, driven by a new liquidity layer enhancing capital efficiency and reducing slippage. - The update, featuring off-chain order books and on-chain settlements, sparked renewed DeFi interest and 32% higher transaction throughput. - Strategic communication and technical upgrades boosted adoption, with unique active addresses rising sharply amid market volatility. - Analysts highlight RSI overbought levels and MACD divergences, while backtesting strategies focus on brea

On SEP 26 2025,

soared by 287.77% in just 24 hours, reaching $5.72, even though it has dropped 17.45% over the last week, month, and year. This dramatic price swing signals a significant turnaround for the asset, driven by notable project updates and overall market trends.

This rapid increase is largely attributed to a significant development within the HEMI ecosystem: the introduction of a new liquidity layer aimed at improving capital efficiency and minimizing slippage for traders. The upgrade, which merges an off-chain order book with an on-chain settlement process, has been described by the team as a crucial move toward making the platform suitable for institutional investors. The rollout of this feature has sparked renewed enthusiasm among DeFi users and developers, with multiple projects already revealing intentions to build on the updated infrastructure.

The asset’s price pattern also mirrors broader technical changes in the market. The announcement coincided with a breakout above important resistance points, prompting algorithm-driven purchases and drawing in momentum traders. Experts believe the asset’s short-term performance will largely depend on how well upcoming enhancements are implemented and how quickly the new liquidity tools are adopted. Any setbacks or technical problems during the live rollout could cause the price to retest current levels or enter a consolidation phase before moving higher.

HEMI’s recent price action has brought attention to its on-chain metrics, which reveal a notable rise in unique active addresses and smart contract usage. This indicates that the latest update is not only attracting interest but is also being put to practical use. The network’s transaction volume has climbed by 32% in the past 48 hours, showing that more trades and settlements are being processed since the upgrade.

The market’s reaction has also been intensified by a well-coordinated communication effort from the HEMI team. In the week before the liquidity layer launch, they released a series of in-depth technical briefings and developer discussions, promoting transparency and preparedness among stakeholders. This forward-thinking strategy has set the project apart from others facing similar adoption challenges.

Historically, HEMI’s price has been highly volatile, often experiencing sharp pullbacks after major rallies. However, current technical signals point to a possible change in direction. The RSI has moved into overbought territory, and the MACD histogram is showing divergences that could signal either continued upward momentum or an imminent correction. Traders are monitoring trading volumes closely to gauge the strength of the current trend.

Backtest Hypothesis

A suggested backtesting approach involves analyzing HEMI’s past price movements in relation to major product releases and shifts in market sentiment. This method assumes that the market tends to respond in predictable ways to on-chain upgrades and communication campaigns, with price spikes typically followed by brief corrections. By combining Bollinger Bands and volume-weighted average price (VWAP) indicators, the strategy would take long positions at breakout moments after significant announcements and exit using trailing stop-losses when technical divergences appear. The success of this approach depends on the expectation that the new liquidity layer will lead to sustained growth in transaction activity and user engagement, thereby supporting the ongoing price trend.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Dogecoin News Today: Meme Coins Achieve Recognition as Institutional Investors and ETFs Drive Market Changes for 2025

- WLFI's acquisition of Solana-based meme coin SPSC triggered a 139.8% price surge, highlighting institutional interest in meme tokens. - Binance's listing of Dank Penguin and BNBHolder boosted their market caps past $5 million, showcasing exchange-driven momentum in meme coin ecosystems. - Dogecoin's ETF debut via Bitwise's BWOW and Grayscale's GDOG signals growing institutional validation, despite mixed initial performance compared to Solana/XRP ETFs. - 2025 could solidify meme coins and altcoin ETFs as

Bitget-RWA2025/11/28 08:52
Dogecoin News Today: Meme Coins Achieve Recognition as Institutional Investors and ETFs Drive Market Changes for 2025

Bitcoin News Today: Bitcoin Whale Bets $84 Million—Sign of Faith or Disaster Looming?

- A Bitcoin whale opened an $84.19M 3x leveraged long on Hyperliquid after securing $10M in profits, amplifying market volatility and liquidity risks. - Other whales added 20x-25x leveraged positions totaling $75M in BTC/ETH, reflecting heightened confidence in short-term price resilience amid December 2025's 3.64% BTC and 3.79% ETH gains. - Analysts debate the rally's sustainability, citing weak Sharpe ratios (-36% Bull-Bear Index), 30% drawdown from peaks, and structural liquidity challenges favoring ran

Bitget-RWA2025/11/28 08:52
Bitcoin News Today: Bitcoin Whale Bets $84 Million—Sign of Faith or Disaster Looming?

Hyperliquid News Today: Avici Soars 1,700%—Is It MoonPay Buzz or Genuine Market Movement?

- Avici (AVICI) surged 1,700% amid speculation of a MoonPay partnership, now valued at $90.7M with $2.5M liquidity. - Analysts highlight its neobank narrative, competing with projects like Cypher while facing $50–$500 price targets implying $1B–$5B valuations. - Security risks persist, exemplified by Upbit's $36M hack and Trezor CEO's warnings on exchange vulnerabilities. - Avici's success hinges on balancing innovation with compliance, regulatory clarity, and execution amid a crowded crypto debit card mar

Bitget-RWA2025/11/28 08:52

Bitcoin News Today: Bitcoin Recognized as a Mainstream Asset as Nasdaq Lists IBIT Alongside Leading ETFs

- Nasdaq's ISE proposes tripling Bitcoin options limits for BlackRock's IBIT to 1 million contracts, aligning it with major ETFs like EEM and GLD . - The move reflects IBIT's dominance as the largest Bitcoin options market by open interest, driven by institutional demand for hedging and speculation. - Analysts highlight the normalization of Bitcoin as a tradable asset class, with unlimited FLEX options and JPMorgan's structured notes signaling broader institutional adoption. - Regulatory alignment with gol

Bitget-RWA2025/11/28 08:52
Bitcoin News Today: Bitcoin Recognized as a Mainstream Asset as Nasdaq Lists IBIT Alongside Leading ETFs