ApeCoin jumps 10.81% on Solana canonical launch
ApeCoin (APE)
Editor:
Eugene Serbin
tradersunion.com reports that ApeCoin (APE) rose 10.81% following its official launch as a canonical SPL token on the Solana blockchain. The token debuted via the Sunrise project on September 22, expanding its utility by trading on Raydium and serving as a base pair for new launches on the LaunchOnSF launchpad. Within 24 hours, APE recorded $17.7 million in trading volume across approximately 206,000 trades.
This activity involved nearly 20,000 unique traders and more than 9,100 wallets. The price opened with a clear upside gap of about 9.58%, reaching $0.13792. This level sits above the 20-day, 50-day, and 200-day moving averages at $0.13549 and $0.1295935 respectively.
Technical indicators show positive momentum, with Bull/Bear Power at 0.02346914 confirming buyers remain in control. However, mixed signals from the MACD and ADX suggest neutral momentum, while the Stochastic RSI and CCI indicate overbought conditions. Analysts note that the cross-chain expansion and technical strength warrant close monitoring for a potential breakout. The key level to watch is the sustained hold above $0.1628, which could open the path toward higher targets.
How the market reacted
Whalio's own Binance spot order flow for APE, measured when this story was written up on 23 September 2026. Not the outlet's figures.
ApeCoin is currently trading at $0.1602 on Binance Spot. The 1-hour buy ratio stands at 34.7%, indicating that buying pressure has weakened significantly in the short term compared to the 4-hour ratio of 45.6%. Over the last 24 hours, the buy ratio was 52.6%, showing that buying pressure was slightly stronger over the full day than it is now. The 1-hour volume delta is -$23,622, meaning more volume was sold than bought in the last hour. The 4-hour volume delta is -$55,862, showing a net outflow of volume over the last four hours. However, the 24-hour volume delta is +$274,000, indicating a net inflow over the full day. The CVD at 24-hour close is -$20,960, suggesting that despite the net positive volume delta, closing pressure was slightly bearish.
The latest daily buy ratio of 47.1% sits at the 22nd percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for APE, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.1%, while the latest day saw a ratio of 52.6%, an increase of 4.5 points. This suggests that buying interest has been stronger today than the weekly average. Spot volume for the 24-hour period was $5,339,483, which is 6.11 times the weekly average volume. This indicates that trading activity is unusually high compared to normal days. The price has changed by +29.8% over the last 8 days. Volume delta for the 8-day period was +$44,072, showing a net positive flow over that longer timeframe.