BREAKING: Siren (SIREN) has exploded 25.1% in the past 24 hours, reaching $0.174907 as of 6:06 AM UTC on February 16, 2026, according to live market data.
The dramatic price surge represents a $0.035 gain from yesterday’s levels, with the token hitting an intraday high of $0.175743 before settling at current prices. Trading volume spiked to $10.97 million over the period, indicating strong market participation in the rally.
Key Market Metrics
Siren’s market capitalization has jumped to $126.9 million, climbing 25% ($25.4 million) in 24 hours and securing the #234 position among all cryptocurrencies. The fully diluted valuation matches the current market cap at $126.9 million, with 728.86 million tokens in circulation out of a maximum supply of 1 billion.
The past hour alone has seen a 10.4% price increase, suggesting accelerating momentum in the short term. This builds on already impressive weekly performance, with SIREN posting 88.3% gains over the past 7 days.
Extended Rally Context
The current surge extends a remarkable 30-day rally that has seen Siren appreciate 129% from levels recorded in mid-January. The token now trades 563% above its all-time low of $0.0263 set on March 11, 2025.
However, SIREN remains 51.6% below its all-time high of $0.361231 reached on February 7, 2026—just nine days ago. The token touched that peak during the recent market cycle before entering a brief consolidation phase.
Trading Range and Volatility
Today’s 24-hour trading range spans from $0.135425 to $0.175743, representing a 29.8% swing that underscores the high volatility characterizing this price movement. The significant intraday range suggests active profit-taking at higher levels alongside continued buying pressure.
With $11 million in daily volume against a $126.9 million market cap, the volume-to-market-cap ratio of 8.6% indicates healthy liquidity for a mid-cap cryptocurrency asset.
Market Implications
The sustained rally across multiple timeframes—from hourly to monthly—suggests strong fundamental or speculative interest in the Siren protocol. Traders should note the distance from recent all-time highs while considering the parabolic 30-day chart pattern.
Market participants should exercise caution given the extreme short-term gains and elevated volatility levels. The token’s performance significantly outpaces broader cryptocurrency market movements during the same period.
This is a developing story. Data current as of February 16, 2026, 6:06 AM UTC.
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About the Author: Ananya Melhotra
