ORCA Trading Surges in Korea as Solana DEX Token Shows Signs of Overheating

Orca (ORCA), a Solana-based decentralized exchange token, drew outsized attention in Korean markets on Tuesday ET as heavy turnover persisted even while price action showed signs of short-term overheating—an increasingly common setup when momentum traders collide with profit-taking.

ORCA changed hands around 2,365 won (about $1.71) on the Korean won market, down 2.63% over the day. The token traded between an intraday high of 2,553 won and a low of 2,346 won, according to local exchange data. Despite the pullback, 24-hour trading value reached roughly 156.5 billion won (about $113 million),…  Read more

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