Power Protocol (POWER) has experienced an extraordinary surge of 105.8% in the past 24 hours, reaching $1.84 and pushing its market capitalization to $384.5 million as of February 27, 2026.
The dramatic price movement saw POWER climb from approximately $0.89 to a 24-hour high of $2.30 before settling at its current level. Trading volume exploded to $38.6 million as investors rushed to capture the rally, with the token currently ranked #113 by market capitalization.
Market Performance Breakdown
The surge represents a near-doubling of Power Protocol’s market cap, which increased by $190.6 million (98.3%) in 24 hours. With 210 million tokens in circulation out of a total supply of 1 billion, the fully diluted valuation now stands at $1.83 billion.
Power Protocol’s momentum extends beyond the daily timeframe. The token has gained 385.1% over the past week and an astounding 741% over the past 30 days, indicating sustained buying pressure rather than a single-day pump.
The token reached its all-time high of $2.30 on February 26, 2026, just yesterday, though it has since pulled back approximately 20% from that peak. This represents a staggering 2,125% increase from its all-time low of $0.082 recorded on December 5, 2025.
Trading Dynamics
Current price action shows POWER down 0.46% in the past hour, suggesting some profit-taking after the explosive rally. The 24-hour trading range between $0.874 and $2.30 demonstrates extreme volatility, with a price swing of over 163%.
The $38.6 million in 24-hour volume represents significant liquidity, though traders should note this represents approximately 10% of the total market cap, indicating heightened trading activity during the surge.
Market Context
Power Protocol’s surge comes during a period of increased activity in mid-cap altcoins, though the specific catalysts behind this particular rally remain unclear from price data alone. The sustained 30-day performance suggests fundamental developments may be driving interest rather than purely speculative trading.
With 79% of total supply still locked or unvested, future token releases could impact price dynamics. The current circulating supply of 210 million represents just 21% of the maximum supply of 1 billion tokens.
This is a developing story. Price data current as of February 27, 2026, 00:06 UTC.
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About the Author: Ananya Melhotra
