Meteora (MET) fluctuates 61.5% in 24 hours: trading volume soars by $259M and protocol fees hit recent highs, driving a rebound

Volatility Overview

In the past 24 hours, the price of MET rebounded from a low of $0.151 to a high of $0.2438, and is currently at $0.1875, with a fluctuation range of 61.5% and an overall increase of approximately +24.3%. Trading volume surged to $259 million, up more than 3200% from the previous day, with significant signs of net capital inflow (market cap rose to about $95.6 million). TVL remained stable at $415 million.

Brief Analysis of the Reasons for the Move

• The protocol generated $479,800 in fees and $62,400 in revenue over 24 hours, with 7-day fees increasing by 40%. The community highlighted the recent ATH in revenue (about $1.33 million, surpassing pump.fun), boosting LP returns and attracting liquidity.

• Trading volume exploded to $259 million, driving the price to rise rapidly from lows.

• There has been no official announcement or reports of major whale transfers. The move was mainly driven directly by the recovery of the Solana ecosystem and increased DEX usage.

Market Views and Outlook

The dominant community sentiment is bullish. Several analysts on X noted the price has broken out of a falling wedge, targeting $0.19–$0.40, while the LP Army is actively discussing high yields. Predictions show the price could reach $0.21–$0.22 by the end of April, but high volatility risks and market corrections should be watched closely.