The price of SL Benfica Fan Token (BENFICA) has climbed 11% over the past month, with the token now trading at $0.7595. This upward movement comes as fans and investors alike respond to both on-field and market developments surrounding the club.

However, short-term momentum appears mixed: BENFICA has fallen 0.15% in the last 24 hours and is down 4.55% over the past 7 days, suggesting that investors are carefully weighing the next move.

Market Reaction Tied to Benfica’s European Playoff Draw

Benfica’s recent draw against Fenerbahçe in the European playoffs has kept both fans and traders on edge. The result leaves the club’s qualification hopes in the balance, which often has a ripple effect on the fan token’s valuation. Market data shows BENFICA’s 24-hour trading volume surged to $776,205—a 609.80% increase from the day before. This sharp rise in activity signals heightened investor attention, as traders speculate on whether the team’s on-pitch performance will fuel sustained demand.

With a market cap of $2.13 million and a circulating supply of 2.8 million tokens, BENFICA’s recent gains highlight both its volatility and the unique way fan sentiment shapes its trajectory. Should Benfica advance further in Europe, the token could see renewed support, but another setback may test the resilience of its recent rally.

For now, the 11% monthly climb reflects cautious optimism, investors are watching closely to see if $BENFICA can hold ground or if the draw marks the start of renewed pressure.