River RIVER Trading Volume Soars to $3.5B Following Arthur Hayes' Backing
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Volume Surge: River (RIVER) achieved a remarkable $3.5 billion in 24-hour trading volume, directly linked to public backing from cryptocurrency pioneer Arthur Hayes, indicating strong market interest in innovative DeFi infrastructure.
- Outstanding Market Performance: The Binance perpetual futures market accounted for approximately $2 billion of this volume, allowing RIVER's daily trading activity to surpass major assets like Dogecoin (DOGE), reflecting significant capital rotation within the crypto derivatives space.
- Significant Price Volatility: Following the investment announcement from Arthur Hayes, RIVER's price surged from $19 to around $26, marking a 36% increase, which suggests a reassessment of the project's long-term potential and technological merit by the market.
- Prospects of Chain Abstraction Technology: River's chain abstraction stablecoin system aims to simplify cross-blockchain transactions, addressing liquidity fragmentation issues, and the market's focus on this solution highlights its potential significance in the future DeFi ecosystem.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






