RIVER has surged approximately 500% since January 1 and reached an all-time high of around $87.73 last Monday. While many major assets retraced after the early-year surge, RIVER has defied that pullback. In the past 24 hours, the altcoin fell more than 7%, with trading volume down about 21% and a market capitalization near $14.2 billion.
Last week, River announced a strategic partnership with Sui to expand across blockchain ecosystems. The collaboration combines River’s chain abstraction stablecoin framework with Sui’s high-performance infrastructure, enabling satUSD to cross ecosystems as a cross-chain, settlement-ready asset native to Sui. This alliance reinforces River’s expansion strategy and the integration of stablecoin functionality across networks.
Investor sentiment remains divided. Proponents point to institutional backing, potential exchange listings, and global demand as reasons for optimism, while skeptics warn of price manipulation and bubble risk. CoinGlass notes the rally is amplified by leverage, with futures volume exceeding spot by more than 80x. A $12 million strategic investment from Nasdaq-listed companies, U.S. and European institutions, and investors including Tron, Justin Sun, Arthur Hayes’s Maelstrom Fund, and Spartan Group is expected to accelerate River’s EVM and non-EVM expansion and on-chain liquidity infrastructure, while analysts like Brock Doumer describe a “perfect parabolic” price trajectory with potential upside to $100, yet caution that manipulation risks and timing of a downturn remain uncertain.
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