Siren (SIREN) has experienced a dramatic 24.7% surge in the past 24 hours, trading at $0.456522 as of 10:07 AM UTC on March 5, 2026. The rally has pushed the token’s market capitalization to $333.8 million, securing the #125 position among all cryptocurrencies.
The token’s 24-hour trading volume reached $29.5 million, indicating strong market participation during the price surge. Siren climbed from a 24-hour low of $0.359115 to a high of $0.457414, representing a trading range of over 27%.
Market Performance Metrics
Siren’s market capitalization increased by $67.5 million in the past day, marking a 25.4% jump in overall valuation. The circulating supply stands at 728.86 million SIREN tokens out of a maximum supply of 1 billion tokens, representing approximately 73% of the total allocation.
Short-term momentum remains strong, with the token posting a 6.9% gain in just the past hour. The 7-day performance shows an 11.2% increase, while the 30-day chart reveals explosive growth of 397.7%, indicating sustained bullish momentum throughout February and early March 2026.
Technical Levels and Historical Context
Despite today’s surge, SIREN remains 15.9% below its all-time high of $0.543149, reached on February 26, 2026—just one week ago. This suggests the token is in a consolidation phase following its recent peak while maintaining strong upward momentum.
From a longer-term perspective, Siren has gained an extraordinary 1,634% from its all-time low of $0.026347, recorded on March 11, 2025, nearly one year ago. This represents one of the most significant annual gains in the current market cycle.
Market Context
The fully diluted valuation matches the current market cap at $333.8 million, as approximately 73% of the maximum supply is already in circulation. This relatively high circulation rate may provide price stability compared to tokens with larger locked supplies pending release.
The current price action comes amid broader cryptocurrency market movements in early March 2026. Traders are closely monitoring whether SIREN can reclaim its late-February highs or if profit-taking will lead to consolidation at current levels.
This is a developing story. Market data current as of March 5, 2026, 10:07 AM UTC.
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About the Author: Ananya Melhotra
