BLEND (FluentNetwork) sees 24-hour volatility of around 1800%: Multiple exchange listings and mainnet launch drive sharp fluctuations

Volatility Summary

In the past 24 hours, BLEND's price surged from a low of $0.09666 to a high of $0.2737, currently trading at $0.1164 (close to the user-provided latest price of $0.10986), with a volatility of about 1800%, followed by a sharp correction of 57.5%. 24-hour trading volume reached $3.149 million, fully diluted valuation at $117.7 million, with ample liquidity but mainly concentrated in DEXs such as Uniswap and CEX spot pairs.

Analysis of Abnormal Movements

- Mainnet Launch & Airdrop Claim: The Fluent Network mainnet launched on April 24, supporting unified execution for EVM, SVM, and Wasm multi-virtual machines; community airdrop claim events started (e.g. claim.fluentportal.click), triggering an initial wave of buying.

- Multiple CEX Listings: On April 24, Bybit spot listed at 13:00 UTC, HTX launched simultaneously, Coinbase supported deposits and enabled spot trading, and OKX Boost, among others, helped inject liquidity, causing the price to hit its peak.

Market Views & Outlook

Community sentiment is mainly optimistic, with discussions on platform X focusing on multi-VM innovations and 50% liquidity lockup, viewing this as an “ecological integration” opportunity. However, there are warnings about significant short-term volatility (e.g. Coinbase spot dropped 2.57%). Analysts are optimistic about potential developer adoption and the real yield model, but the future depends on execution, with a possible rebound to $0.80 but carrying high risks.