ORCA Surges 50% Amid Strong Investor Demand and Utility Growth

ORCA's price surged by 50% following the purchase of approximately $1.23 million worth of tokens from exchanges within a 24-hour period, indicating robust investor interest. According to NS3.AI, this rally is supported by enhanced utility metrics, including a 100% year-over-year increase in USDC total value locked. Despite the positive momentum, early profit-taking has led to a slight pullback from the intraday high. Concerns remain regarding token supply control and governance transparency due to the ongoing mint authority held by the owner's wallet.