MYX Finance Skyrockets 90%, Here’s What Caused The Rally

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Aaryamann ShrivastavaSat, January 3, 2026 at 10:00 PM GMT+1 3 min readtoken unlock, crypto unlock, token unlock january, token unlock december. Photo by BeInCryptoMYX Finance price posted an explosive rally over the past 24 hours, surging by nearly 87% at its peak. The sharp move follows rising anticipation around MYX Finance V2. The upcoming upgrade is expected to allow users to launch perpetual markets instantly, fueling speculation that accelerated sharply today.On-chain and volume indicators suggest the rally is supported by genuine demand rather than short-term speculation. The On-Balance Volume indicator recorded a sharp spike alongside the price. OBV had been rising steadily over several sessions, indicating sustained accumulation before the breakout.This gradual buildup reflects increasing conviction among buyers. When price finally accelerated, volume followed decisively, confirming participation across the market.Such alignment between MYX price and OBV often signals healthier rallies, as capital inflows support continuation rather than abrupt reversals driven by thin liquidity.Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.MYX OBV. Source: TradingViewSustained volume expansion reduces the likelihood of immediate exhaustion. Buyers appear willing to transact at higher levels, reinforcing confidence in MYX Finance’s growth narrative. This behavior suggests the rally is not solely sentiment-driven but grounded in broader market engagement.Momentum indicators introduce caution but also context. The Relative Strength Index has climbed above the 70.0 threshold, placing MYX in overbought territory. Traditionally, this condition raises concerns about near-term pullbacks as traders lock in profits.However, MYX Finance has previously sustained strong rallies while remaining overbought. In August 2025, MYX gained roughly 1,680% without immediate correction. A similar pattern emerged in September 2025, when the price advanced by over 913% during extended overbought conditions.MYX RSI. Source: TradingViewThese historical precedents suggest RSI alone may not signal exhaustion for MYX. In strong narrative-driven phases, momentum can remain elevated for prolonged periods. The current RSI reading reflects strength rather than guaranteed reversal.MYX price climbed more than 87% at its peak during the last 24 hours, trading near $6.12 at the time of writing. The rally briefly carried MYX above the $7.00 level, a threshold last seen roughly three months ago, signaling renewed market interest. This also helped MYX break out of the ascending channel pattern it had been stuck in for over two months.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,858.47 +12.97 (+0.19%)Dow 3048,382.39 +319.10 (+0.66%)Nasdaq23,235.63 -6.36 (-0.03%)Russell 20002,508.22 +26.32 (+1.06%)VIX14.51 -0.44 (-2.94%)Gold4,329.60 -11.50 (-0.26%)Trending tickersBTC-USD Bitcoin USD 90,523.57 +584.38 (+0.65%)CVX Chevron Corporation 155.90 +3.49 (+2.29%)CL=F Crude Oil Feb 26 57.32 -0.10 (-0.17%)XOM Exxon Mobil Corporation 122.65 +2.31 (+1.92%)ETH-USD Ethereum USD 3,121.57 -3.04 (-0.10%)PortfolioSign in to access your portfolioSign inTop gainersFLNC Fluence Energy, Inc. 23.01 +3.23 (+16.33%)SNDK Sandisk Corporation 275.24 +37.86 (+15.95%)SMR NuScale Power Corporation 16.31 +2.14 (+15.10%)BIDU Baidu, Inc. 150.30 +19.64 (+15.03%)ASTS AST SpaceMobile, Inc. 83.47 +10.84 (+14.93%)Top losersPAY Paymentus Holdings, Inc. 28.47 -3.12 (-9.88%)KVYO Klaviyo, Inc. 29.32 -3.15 (-9.70%)LQDA Liquidia Corporation 31.40 -3.09 (-8.96%)APP AppLovin Corporation 618.32 -55.50 (-8.24%)PSNY Polestar Automotive Holding UK PLC 19.81 -1.56 (-7.30%)Most activeONDS Ondas Holdings Inc. 11.02 +1.26 (+12.91%)NVDA NVIDIA Corporation 188.85 +2.35 (+1.26%)PLUG Plug Power Inc. 2.2300 +0.2600 (+13.20%)INTC Intel Corporation 39.38 +2.48 (+6.72%)TSLA Tesla, Inc. 438.07 -11.65 (-2.59%)Top economic eventsEarnings eventsMy earnings eventsEarnings events