GRX Chain (GRX) has experienced a dramatic 20.4% surge in the past 24 hours, reaching $11.63 as of 4:22 PM UTC on February 23, 2026, according to real-time market data.
The cryptocurrency recorded significant trading activity with a 24-hour volume of $49.6 million, representing approximately 45% of its $110 million market cap. This substantial volume-to-market-cap ratio indicates intense trader interest in the asset.
Price Action and Key Metrics
GRX Chain traded between a low of $9.19 and a high of $11.57 during the 24-hour period, representing a $2.38 intraday range. The token is currently trading just $0.17 below its all-time high of $11.46, which was set earlier today at 3:40 PM UTC.
The market cap has increased by $18.5 million over the past day, rising 20.2% to reach $110.1 million, placing GRX Chain at rank #249 among all cryptocurrencies. With 9.52 million tokens in circulation out of a maximum supply of 10 million, approximately 95% of the total supply is already in the market.
Extended Performance Context
The recent surge is part of a broader uptrend for GRX Chain. Over the past seven days, the token has gained an extraordinary 203.8%, while the 30-day performance shows gains of 180.9%. This represents a remarkable recovery from its all-time low of $0.868, recorded on February 14, 2026, marking a 1,215% increase from that bottom.
Market Implications
The fully diluted valuation currently stands at $115.7 million, suggesting minimal additional supply pressure as nearly all tokens are already circulating. The 1-hour price change of 1.9% indicates continued upward momentum in the immediate timeframe.
Traders should note the high volatility evident in the 26% intraday price swing from low to high. The concentration of trading volume and the approach toward the all-time high suggest this is a critical technical level for the asset.
This is a developing story. Market conditions can change rapidly in cryptocurrency trading.
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About the Author: Ananya Melhotra
