BREAKING: Power Protocol Surges 23% to $1.77 as Market Cap Hits $371M
Power Protocol (POWER) has surged 23.4% in the last 24 hours to reach $1.77, with market capitalization climbing to $370.8 million as of February 28, 2026.
The cryptocurrency experienced significant price movement, jumping from a 24-hour low of $1.36 to a high of $1.76, representing a price swing of approximately $0.40. Trading volume reached $24.4 million over the period, indicating strong market activity.
Market Performance Metrics
Power Protocol’s market cap increased by $73.2 million in 24 hours, a 24.6% gain that pushed the token to rank #114 among cryptocurrencies by market capitalization. The fully diluted valuation currently stands at $1.77 billion.
With 210 million POWER tokens in circulation out of a maximum supply of 1 billion, the circulating supply represents 21% of total tokens. The token has gained 10% in the last hour alone, suggesting accelerating momentum.
Extended Price Trend
The 23.4% daily surge is part of a larger rally. Power Protocol has gained 306.7% over the past week and an extraordinary 819.3% over the last 30 days, making it one of the top-performing cryptocurrencies in February 2026.
Despite the recent surge, POWER remains 25.6% below its all-time high of $2.30, which was recorded on February 26, 2026, just two days ago. The token has gained approximately 1,977% from its all-time low of $0.082 reached on December 5, 2025.
Current Trading Status
As of 9:59 AM UTC on February 28, 2026, Power Protocol is trading at $1.77 with sustained buying pressure evident across exchanges. The token’s recent price action and volume suggest continued interest from traders.
Market observers note that the surge comes amid broader cryptocurrency market activity in late February, though specific catalysts for Power Protocol’s individual performance have not been officially disclosed.
This is a developing story. Price data is subject to change.
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