SANTOS Fan Token (SANTOS) recorded remarkable gains and heightened trading activity as more sports enthusiasts embrace digital team ownership.
The price chart shows particularly volatile activity during the evening hours of trading, with SANTOS reaching peaks above $5.10 before stabilizing around the $4.75 mark.
Market Performance and Trading Volume Surge
The token has impressed investors with a 21.90% price increase over the past week, while maintaining a solid 2.45% gain in the last 24 hours.
Consequently, the token’s trading volume has soared to $53.67 million in the past day. This uptrend marked a dramatic 176.70% increase from previous levels.
This surge in activity signals growing investor interest in the token, which currently has a market capitalization of $26.32 million with 5.5 million tokens in circulation.
Binance remains the preferred platform for SANTOS trading, with its SANTOS/USDT pair accounting for over $26.87 million in daily volume. Traders can also access the token through alternative exchanges like Hotcoin and DigiFinex.
Fan Tokens are the largest digital asset class in sports, with more than 2 million wallets worldwide. over 70 other clubs have embraced Fan Tokens to engage with their fans, among which are Manchester City, FC Barcelona, Paris Saint-Germain.
Accessible on various exchanges and through the FT-dedicated exchange Kayen, Fan Tokens offer a unique way for fans to connect with their teams. Binance has joined the ecosystem by creating Fan Tokens for clubs like Lazio and Santos.
