Why is Boba Network (BOBA) Up 60%?

While the majors consolidate, Boba Network (BOBA) has pulled a massive +60% move in the last 24 hours!

What's fueling the rally?

L2 Rotation: Capital is rotating into undervalued Layer-2 scaling solutions as mainnet fees fluctuate.

Activity Spike: "State of Boba" reports show usage on Boba’s Ethereum deployment is consolidating, driving renewed speculative interest.

Oversold Bounce: BOBA was trading 99% down from ATH—this relief rally was overdue and accelerated by low liquidity.

Warning: Vertical candles often invite corrections. Watch for a retest of previous resistance-turned-support before FOMOing in. The fundamentals need to catch up to this price action to sustain it.

Question: Is this a dead cat bounce or the start of L2 season?

#bobanetwork #bobalpha #Layer2 #Altseason