CKB +257.58% 24H Amid Market Volatility and Network Upgrades

On SEP 1 2025, CKB rose by 257.58% within 24 hours to reach $0.004553, CKB dropped by 767.58% within 7 days, dropped by 129.14% within 1 month, and dropped by 5838.97% within 1 year.

CKB, the native token of the Nervos Network, experienced a sharp 24-hour price rally, climbing nearly 258% to $0.004553 on SEP 1 2025. The rapid movement followed a technical upgrade to the network's Layer 2 scaling solution, which was announced the previous week. Developers emphasized the enhancement would improve throughput and reduce transaction costs, signaling long-term potential for the ecosystem.

The 24-hour spike, however, stands in stark contrast to the token's broader performance. Over seven days, CKB fell by 767.58%, and by 129.14% month-over-month. Analysts project the short-term volatility is largely a function of algorithmic trading bots reacting to the upgrade news and limited liquidity, rather than fundamental demand shifts. The long-term trajectory remains uncertain, with some developers expressing optimism about adoption in DeFi and cross-chain applications.

Technical indicators show mixed signals for CKB’s near-term outlook. The RSI currently reads overbought levels, suggesting a potential pullback could follow. Meanwhile, the 50-day and 200-day moving averages have diverged, indicating structural bearish pressure. Traders are closely watching whether the recent gains hold as a potential support level or if the broader trend resumes downward momentum.