RDAC (Redacted) volatility reaches 87.7% in 24 hours: registration upgrade countdown drives 60.7% surge in trading volume

Volatility Overview

In the past 24 hours, RDAC price rebounded from a low of $0.001167 to a high of $0.002190, with the current quote at $0.001376, representing a fluctuation amplitude of 87.7%. The 24-hour trading volume reached approximately $1.168 million, up 60.7% day-on-day, and trading activity for the RDAC/USDT pair on Bitget saw a notable increase.

Summary of Abnormal Movements

- Official upgrade registration countdown: Redacted Group announced that the migration/upgrade registration from $RDAC to $10SET will end at 9AM UTC on March 12, prompting token holders to withdraw from CEX and complete registration, which drove increased trading activity and price volatility.

- Community response: Over the past 24 hours, discussions on the X platform have been focused on wallet registration and the automatic conversion of RWA yields into $10SET, further strengthening market participation.

Market View and Outlook

Overall mainstream market sentiment remains positive, with the community emphasizing “upgrading registration lock-in opportunities” and “RWA yield strategies.” The increase in trading volume is seen as a sign of capital movements before the registration deadline. Analysts caution that there may be uncertainties after the registration and recommend monitoring official updates and on-chain registration data closely.