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REN price rallies 60%, hitting a new high after recent DeFi integration By Cointelegraph

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REN price rallies 60%, hitting a new high after recent DeFi integration

Ren (REN) price underwent a strong 65% breakout on Feb.19 as the interoperability-focused protocol saw continuing accumulation from whale wallets holding more than 1 million REN.

Data from Cointelegraph Markets and TradingView shows that REN rose from $0.99 on Feb. 18 to establish a new all-time high of $1.84 on Feb. 19. The move to a new high occurred as REN’s trading volume also reached $704 million over the past 24-hours.

REN/USDT 4-hour chart. Source: TradingView
Total value locked on REN. Source: Defi Llama
Cointelegraph Markets Pro – VORTECS™ Score (green) vs. REN price