The $RLS token (Midnight) has ignited a parabolic frenzy, skyrocketing 27.05% to reach $0.10194 as it charges toward a massive $1.69B market cap. Despite a staggering historical peak of $2.50377, the asset is currently experiencing a powerful resurgence, fueled by its role as the governance and staking backbone for Charles Hoskinson’s fourth-generation, privacy-centric Cardano partner chain. With 6,345 on-chain holders and a Fully Diluted Valuation (FDV) of $2.45B, the daily chart shows the price aggressively holding above its MA(7) support of $0.078, signaling a dominant bullish takeover. As part of a sophisticated dual-token ecosystem where NIGHT generates DUST for confidential transaction fees, this breakout marks a critical recovery from post-launch volatility, with analysts now eyeing a potential retest of the $0.20 psychological barrier if the current 24-hour volume of nearly $6.8B persists.
RLS
Alpha
0.016137
-2.17%
