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Lorenzo Protocol (BANK) price surged 33.8% in 24 hours to $0.0548, with $226 M volume and a $41.9 M market cap. See key levels and upcoming token metrics.
Lorenzo Protocol’s BANK token surged 33.83% in the last 24 hours, reaching $0.054787 and pushing its market capitalization to $41,908,886【1】.
| At a glance | |
|---|---|
| Price | $0.054787 |
| 24h Change | +33.83% |
| Market Cap | $41.9 M |
| Catalyst | $226.3 M 24h volume spike |
The price rise coincided with a sharp increase in trading activity, as the 24‑hour volume climbed to $226,321,795【1】. Such a volume surge often reflects heightened buying pressure or large‑scale token transfers, though the sources do not attribute the move to a specific event. The token’s on‑chain design includes a total supply of 2.1 billion BANK coins, of which 764,944,720 are currently circulating【1】, leaving a sizable pool of future issuance that could affect supply dynamics.
At $0.054787, BANK sits well above its 24‑hour low of $0.03779 reported by Gate.io【4】 and just shy of the recent high of $0.06200 on the same platform【4】. Compared with its all‑time high of $0.5294, the token remains 89.70% lower, but the current rally marks its strongest daily gain since the token’s launch on 18 Apr 2025【2】. The circulating supply represents roughly 36% of the maximum supply, meaning future unlocks could add upward pressure on dilution if demand does not keep pace.
These figures underline that a large portion of the token remains unissued, and the schedule for future releases will be a key factor for price stability.
The 34% price jump highlights renewed market interest in Lorenzo’s institutional‑grade asset‑management model, but the token’s future trajectory will hinge on how upcoming supply changes and trading volume evolve.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 4 outlets · Aug 5, 2026 · How we report
It provides a layer‑2 solution that enables liquid restaking of Bitcoin, allowing users to pool small amounts of Bitcoin to earn staking rewards.
BANK was launched on April 18 2025 with a total supply of 2.1 billion tokens.
BANK is priced around $0.0555‑$0.0557, with a market cap reported between $23.7 million and $42.5 million.
The protocol offers sUSD1+, a yield‑bearing token with a reported annual percentage yield of 1.48%.
It is marketed as an institutional‑grade on‑chain asset management platform that tokenizes yield‑generating financial products.