$ACA pumps mainly because of growing demand and utility within the Acala Network. As the native token, it’s used for governance, transaction fees, staking, and supporting DeFi services like stablecoins and liquidity pools. When more users engage with the network or participate in its ecosystem, demand for ACA rises, which can push its price upward, especially if supply remains limited.
Short-term price pumps can also happen due to market and technical factors, like oversold conditions, sudden spikes in trading volume, or positive news affecting the Polkadot ecosystem. Broader bullish crypto sentiment or exchange activity can attract buyers and trigger temporary rallies, but these moves are often volatile and may not last without sustained adoption or strong fundamentals.
