BREAKING: Power Protocol (POWER) has experienced a dramatic 20% price surge in the past 24 hours, climbing from $1.36 to $1.65 as of 9:07 AM UTC on February 28, 2026.
The cryptocurrency’s market capitalization has increased by 21.22% to $346 million, adding over $60.5 million in value within a single day. Trading volume reached $26.9 million, indicating substantial market interest in the token’s recent movement.
Key Price Metrics
Power Protocol’s 24-hour performance shows:
- Current price: $1.65
- 24-hour gain: +20.05%
- 24-hour range: $1.36 – $1.65
- 1-hour change: +17.12%
- Trading volume: $26.9 million
The token currently trades approximately 28.7% below its all-time high of $2.30, which was reached just two days ago on February 26, 2026.
Extended Rally Context
This 24-hour surge is part of a broader rally that has seen Power Protocol gain 279.5% over the past seven days and an extraordinary 757.8% over the past 30 days. The dramatic month-long performance represents a significant shift from the token’s all-time low of $0.082 recorded on December 5, 2025.
Market Position
Power Protocol currently holds the #116 position by market capitalization among all cryptocurrencies. With 210 million tokens in circulation out of a maximum supply of 1 billion, the fully diluted valuation stands at approximately $1.65 billion.
What This Means for Traders
The sustained upward momentum, combined with strong volume, suggests continued market interest. However, traders should note the token’s volatility, evidenced by the 17% gain in just the past hour and its recent proximity to all-time highs.
The 21% increase in market capitalization outpacing the 20% price increase indicates net buying pressure and growing overall market interest in Power Protocol.
This is a developing story. Data current as of February 28, 2026, 9:07 AM UTC.
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About the Author: Ananya Melhotra
