1INCH Token Jumps 2.18% on Binance Amid Alvara Integration, Major Fund Withdrawals, and Surging Volume

1INCHUSDT saw a 2.18% price increase over the last 24 hours on Binance, rising from 0.0919 to 0.0939 USDT. This upward movement is likely influenced by recent developments such as Alvara Protocol's integration of the 1inch Swap API, which may have improved liquidity, and the withdrawal of 20 million 1INCH tokens from Binance by the 1inch Team Investment Fund, increasing the circulating supply and potentially impacting short-term demand. Additionally, announcements regarding tokenomics review and new security partnerships have kept market participants engaged, contributing to heightened trading activity and volatility. Currently, 1INCHUSDT is trading within a range of $0.0911 to $0.1015 over the last 24 hours, with trading volumes reaching up to $17.89 million and market capitalization estimated between $131 million and $139 million, reflecting active market participation and ongoing volatility.