BREAKING: Centrifuge (CFG), the decentralized finance protocol token, has surged 188.5% in the past 24 hours, reaching $0.24891 as of 3:22 AM UTC on February 26, 2026.
Explosive Price Movement
The token, which trades at market cap rank #216, climbed from a 24-hour low of $0.084648 to a high of $0.251412, representing one of the most significant single-day gains in the current market cycle. The current price of $0.24891 marks a 189.9% increase from its all-time low of $0.067185 recorded on February 6, 2026.
Trading volume exploded to $9.83 million in the 24-hour period, indicating strong market participation during the rally. The 1-hour price change of 183.7% suggests the surge accelerated dramatically in recent trading sessions.
Market Capitalization Surge
Centrifuge’s market capitalization increased by $93.8 million, climbing 188.5% to reach $143.57 million. With a circulating supply of 576.78 million CFG tokens out of a total supply of 680 million, the fully diluted valuation now stands at $169.26 million.
Extended Rally Context
The surge extends a broader rally for Centrifuge, with the token posting gains of 201.2% over the past 7 days and 116.1% over the past 30 days. This sustained momentum suggests growing interest in the protocol beyond short-term speculation.
Despite the explosive growth, CFG remains 51.4% below its all-time high of $0.400363 reached on August 24, 2025, indicating potential room for further appreciation if the current momentum continues.
What This Means for Traders
The magnitude of this price movement warrants caution. Sharp vertical moves often precede periods of consolidation or correction as early buyers take profits. Traders should monitor volume sustainability and support levels, particularly around the $0.085 mark where the 24-hour low was established.
The near-tripling of price in a single day places CFG in extreme volatility territory. Risk management becomes critical for position sizing in such conditions.
This is a developing story. Price data current as of February 26, 2026, 3:22 AM UTC.
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About the Author: Ananya Melhotra
