The post Chintai (CHEX) Token Surges 120% — But Why? appeared on BitcoinEthereumNews.com. The Chintai (CHEX) token is up nearly 52% in the past 24 hours and aroundThe post Chintai (CHEX) Token Surges 120% — But Why? appeared on BitcoinEthereumNews.com. The Chintai (CHEX) token is up nearly 52% in the past 24 hours and around

Chintai (CHEX) Token Surges 120% — But Why?

The Chintai (CHEX) token is up nearly 52% in the past 24 hours and around 120% over the past seven days, sharply beating the broader crypto market. The move is not random.

Fundamentals, on-chain demand, and a clean chart breakout are aligning at the same time, explaining why the CHEX price is moving now. And why might it encounter a pause next!

Sponsored

Sponsored

RWA Demand Continues Into 2026 as Whales and Retail Buy

The Chintai (CHEX) token is the native token of the Chintai network, a regulated real-world asset infrastructure platform. It sits across RWA, DeFi, and settlement layers, which is why it appears in multiple categories, making it relevant to every cycle. RWA was one of the strongest crypto sectors last year, and that momentum is now bleeding into early 2026.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Multi Category Focus: CoinGecko

Chintai’s positioning has been in place for some time. Its Chainlink CCIP integration was announced earlier, enabling cross-chain settlement and asset movement. The price move suggests this setup is now being repriced as RWA demand stays relevant, not because of new headlines.

On-chain data confirms buyers are chasing strength. Over the past seven days, the top 100 CHEX wallets on Solana increased their holdings by 7.19%, bringing their combined balance to 90.44 million CHEX. That means roughly 6 million tokens were added while the price was already rising, not during weakness.

At the same time, exchange balances dropped by 80.69%, leaving just 1.84 million CHEX on exchanges.

Chintai Whales: Nansen

Sponsored

Sponsored

This suggests strong spot buying and self-custody, likely from retail and longer-term investors. Network usage is also improving. Active addresses rose from around 120 to nearly 190 since the start of January.

Active Address Growth: Santiment

It shows steady network growth alongside price, even if the increase is steady rather than explosive, like the CHEX price.

Double Bottom Breakout Explains Why the Token Pumped

The speed of the CHEX rally becomes clearer on the chart. The Chintai (CHEX) token spent weeks forming a double bottom, also known as the W pattern, with strong support near $0.025. Each dip into that zone was bought, showing sellers were losing control.

Price was capped by a down-sloping neckline, which acted as resistance for December. Once CHEX broke above that neckline in early January, momentum shifted quickly. This is why the move looks sudden.

Sponsored

Sponsored

Breakout As The CHEX Pumping Reason: TradingView

Double bottom patterns often lead to fast follow-through because trapped sellers are forced to exit, while new buyers rush in. The measured move from this structure points toward the $0.105 area, which also lines up with a major historical resistance zone.

The breakout was also supported by shrinking exchange supply (mentioned earlier), which reduced sell pressure during the move. That combination of structure and supply explains why the rally expanded so quickly once it started.

Chintai (CHEX) Price Chart Signals Exhaustion

While the broader trend looks constructive, short-term risks are starting to build. The Relative Strength Index, or RSI, has pushed near 86, placing CHEX deep in overbought territory. At the same time, price is close to forming a lower high, while RSI has already printed a higher high. This creates a hidden bearish divergence, often seen before short pauses or pullbacks.

Sponsored

Sponsored

RSI measures momentum and currently awaits the next CHEX price candle to form under $0.077 to complete the bearish divergence setup.

On-chain activity supports this caution. Since January 5, spent coins have jumped from around 8,162 tokens to 1.06 million tokens, a near 13,000% rise. This shows both newer and older holders are beginning to move coins after the rally, a common sign of profit-taking rather than panic selling. If that kind of coin activity translates to selling, the prices could take a hit.

Chintai (CHEX) Token Could See Selling Pressure: Santiment

Key levels now matter. The bullish structure remains intact as long as CHEX holds above $0.044. A shallow pullback could find support near $0.065, followed by $0.055 if selling pressure increases. On the upside, a clean hold above $0.074, followed by strength through $0.088, would keep the path toward the $0.105 projection open.

CHEX Price Analysis: TradingView

The Chintai (CHEX) token rally is being driven by real demand. Short-term cooling would not break the RWA narrative.

It would simply reset momentum after a fast repricing.

Source: https://beincrypto.com/chintai-chex-token-price-rally/

Market Opportunity
Chintai Network Logo
Chintai Network Price(CHEX)
$0.04382
$0.04382$0.04382
-0.31%
USD
Chintai Network (CHEX) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Republic Europe Offers Indirect Kraken Stake via SPV

Republic Europe Offers Indirect Kraken Stake via SPV

Republic Europe launches SPV for European retail access to Kraken equity pre-IPO.
Share
bitcoininfonews2026/01/30 13:32
cpwrt Limited Positions Customer Support as a Strategic Growth Function

cpwrt Limited Positions Customer Support as a Strategic Growth Function

For many growing businesses, customer support is often viewed as a cost center rather than a strategic function. cpwrt limited challenges this perception by providing
Share
Techbullion2026/01/30 13:07
How is the xStocks tokenized stock market developing?

How is the xStocks tokenized stock market developing?

Author: Heechang Compiled by: TechFlow xStocks offers a tokenized stock service, allowing investors to trade tokenized versions of popular US stocks like Tesla in real time. While still in its early stages, it’s already showing some interesting signs of growth. Observation 1: Trading is concentrated in Tesla (TSLA) As in many emerging markets, trading activity has quickly concentrated on a handful of stocks. Data shows a high concentration of trading volume in the most well-known and volatile stocks, with Tesla being the most prominent example. This concentration is not surprising: liquidity tends to accumulate in assets that retail investors already favor, and early adopters often use familiar high-beta stocks to test new infrastructure. Observation 2: Liquidity decreases on weekends Data shows that on-chain equity trading volume drops to 30% or less of weekday levels over the weekend. Unlike crypto-native assets, which trade seamlessly around the clock, tokenized stocks still inherit the behavioral inertia of traditional market trading hours. Traders appear less willing to trade when reference markets (such as Nasdaq and the New York Stock Exchange) are closed, likely due to concerns about arbitrage, price gaps, and the inability to hedge positions off-chain. Observation 3: Prices move in line with the Nasdaq Another key signal comes from pricing behavior during the initial launch period. Initially, xStocks tokens traded at a significant premium to their Nasdaq counterparts, reflecting market enthusiasm and potential friction in bridging fiat liquidity. However, these premiums gradually diminished over time. Current trading patterns show that the token price is at the upper limit of Tesla's intraday price range and is highly consistent with the Nasdaq reference price. Arbitrageurs appear to be maintaining this price discipline, but there are still small deviations from the intraday highs, indicating some market inefficiencies that may present opportunities and risks for active traders. New opportunities for Korean stock investors? South Korean investors currently hold over $100 billion in US stocks, with trading volume increasing 17-fold since January 2020. Existing infrastructure for South Korean investors to trade US stocks is limited by high fees, long settlement times, and slow cash-out processes, creating opportunities for tokenized or on-chain mirror stocks. As the infrastructure and platforms supporting on-chain US stock markets continue to improve, a new group of South Korean traders will enter the crypto market, which is undoubtedly a huge opportunity.
Share
PANews2025/09/18 08:00