River (RIVER) has experienced a dramatic 21.3% price surge in the past 24 hours, climbing to $13.33 as of February 28, 2026, with trading volume reaching $34.87 million.
The cryptocurrency, currently ranked #146 by market capitalization, saw its market cap increase by $44.34 million (20.4%) to $261.79 million. The token touched an intraday high of $13.63 before settling at current levels, representing a 27.3% gain from its 24-hour low of $10.72.
Short-Term Momentum Accelerates
River’s immediate price action shows strong bullish momentum, with a 3.76% gain in just the past hour. The 7-day performance reveals an even more impressive 64.4% rally, suggesting sustained buying pressure over the past week.
Trading volume of $34.87 million represents healthy market participation, indicating genuine interest rather than low-liquidity pump activity. With 19.6 million tokens in circulation out of a maximum supply of 100 million, RIVER maintains a circulating supply of just 19.6%.
Recovery from Monthly Losses
Despite today’s strong performance, River remains down 69.6% over the past 30 days, indicating the token is in a recovery phase following significant losses. The current price of $13.33 is still 84.7% below its all-time high of $87.73 reached on January 26, 2026.
However, from a longer-term perspective, RIVER has posted a remarkable 750.6% gain from its all-time low of $1.58 recorded in September 2025.
Market Structure
River’s fully diluted valuation stands at $1.34 billion, suggesting substantial upside potential if the project maintains momentum and unlocks additional token supply. The significant gap between current market cap and FDV indicates that 80.4% of tokens remain locked or unvested.
What This Means for Traders
The 21.3% surge on substantial volume suggests renewed interest in River, though traders should note the token’s high volatility profile. The recent weekly gain of 64.4% may attract momentum traders, while the 69.6% monthly decline serves as a reminder of downside risks.
Key levels to watch include the 24-hour high of $13.63 as immediate resistance and the $10.72 low as short-term support. The January all-time high of $87.73 remains a distant target for long-term holders.
Market data as of February 28, 2026, 20:52 UTC. Cryptocurrency markets are highly volatile. This article is for informational purposes only and does not constitute investment advice.
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About the Author: Ananya Melhotra
