Orderly Network (ORDER)
1. Fundamental Analysis
1.1 Introduce
Orderly Network is an L2 delivering a permissionless liquidity layer for Web3 trading, with one shared orderbook across different blockchains — powered by Orderly Chain and LayerZero. Essentially, we sit at the backend providing the necessary liquidity and robust infrastructure support for efficient permissionless trading.Orderly provides an orderbook-based trading infrastructure and unified liquidity for numerous DEXs/brokers, while facilitating a unified clearing and settlement on the Orderly Chain. To deliver this powerful functionality, Orderly built the Orderly Chain on the OP Stack, harnessing Celestia s data availability and LayerZero s cross-chain messaging protocol.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ORDER | Market Cap | 51716680 |
| Name | Orderly Network | White Paper | -- |
| Web Site | https://orderly.network | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://etherscan.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1000000000 | |
| Supply | 1000000000 | Release Date | 2024-08-26 |
| Available Supply | 233000000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.22488 | 0.22814 | 0.21985 | 0.22156 | 383148.6029207 |
| 2024-12-31 | 0.23481 | 0.23558 | 0.22033 | 0.22513 | 2829954.11136 |
| 2024-12-30 | 0.23117 | 0.25459 | 0.23035 | 0.23493 | 3322179.6016721 |
| 2024-12-29 | 0.24664 | 0.24946 | 0.22944 | 0.23146 | 1550057.79246 |
| 2024-12-28 | 0.236 | 0.26294 | 0.23314 | 0.24656 | 4940117.6096095 |
| 2024-12-27 | 0.21719 | 0.26615 | 0.21634 | 0.236 | 9766653.2942443 |
| 2024-12-26 | 0.22487 | 0.22644 | 0.20784 | 0.21716 | 2782556.966523 |
| 2024-12-25 | 0.2298 | 0.25955 | 0.22301 | 0.22456 | 6100144.5395474 |
| 2024-12-24 | 0.23162 | 0.23749 | 0.22061 | 0.22981 | 5047634.8841809 |
| 2024-12-23 | 0.18317 | 0.23849 | 0.17746 | 0.2317 | 12118834.2035313 |
| 2024-12-22 | 0.18355 | 0.19142 | 0.17894 | 0.1832 | 2633700.4997084 |
| 2024-12-21 | 0.20251 | 0.21768 | 0.17951 | 0.18338 | 5746014.9052469 |
| 2024-12-20 | 0.19376 | 0.22609 | 0.17494 | 0.20238 | 6485696.332491 |
| 2024-12-19 | 0.19606 | 0.20205 | 0.17968 | 0.19374 | 5009796.0037702 |
| 2024-12-18 | 0.21692 | 0.21895 | 0.19488 | 0.1959 | 2599795.9627512 |
| 2024-12-17 | 0.23718 | 0.23746 | 0.21593 | 0.21691 | 2698923.5734232 |
| 2024-12-16 | 0.23127 | 0.24883 | 0.22301 | 0.23727 | 2519329.7017655 |
| 2024-12-15 | 0.22529 | 0.2474 | 0.22262 | 0.23125 | 3522352.2464626 |
| 2024-12-14 | 0.22383 | 0.2348 | 0.2193 | 0.22526 | 2550209.0230431 |
| 2024-12-13 | 0.22909 | 0.2306 | 0.21941 | 0.22383 | 3033511.0133289 |
| 2024-12-12 | 0.23676 | 0.24485 | 0.22615 | 0.22918 | 4789904.0969185 |
| 2024-12-11 | 0.21489 | 0.24234 | 0.20442 | 0.2368 | 5343618.6222568 |
| 2024-12-10 | 0.21103 | 0.22394 | 0.19842 | 0.21477 | 8574378.5570074 |
| 2024-12-09 | 0.25421 | 0.25433 | 0.19095 | 0.21134 | 5349248.0982219 |
| 2024-12-08 | 0.25355 | 0.2554 | 0.24099 | 0.25403 | 1935320.4874915 |
| 2024-12-07 | 0.25429 | 0.27247 | 0.24961 | 0.25331 | 3973182.0733618 |
| 2024-12-06 | 0.23083 | 0.29151 | 0.22943 | 0.25406 | 5304568.3116078 |
| 2024-12-05 | 0.25255 | 0.25518 | 0.22426 | 0.23097 | 9005229.035098 |
| 2024-12-04 | 0.25519 | 0.27825 | 0.2491 | 0.25234 | 9767673.7744716 |
| 2024-12-03 | 0.17039 | 0.34718 | 0.1664 | 0.25512 | 32046221.1669799 |
2.2 Analysis
The analysis of the provided K-line daily chart data suggests the following conclusion:
- The asset has experienced a significant upward trend over the past few months, with a notable surge in volume during certain periods.
- The price has fluctuated within a broad range, but there is an overall upward trajectory.
- The highest volume days often coincide with sharp price movements, indicating strong market sentiment.
- There is a possibility of a pullback or consolidation after the recent surge in price and volume.
Future trends may be influenced by external factors, but the current chart indicates a potential for continued upward movement with potential for increased volatility.
3. News Analysis
3.1 News
20241211
- Orderly Network: ORDER tokens are now available on Binance Wallet, and more than 2 million tokens will be airdropped ↑
20241203
- Bithumb launches Orderly Network (ORDER) Korean Won trading market ↑
3.2 Analysis
The recent message data indicates a significant expansion in the Orderly Network s reach and market presence. The integration of ORDER tokens on Binance Wallet and the airdrop of over 2 million tokens suggest a strategic move to increase token distribution and liquidity. Additionally, the launch of the ORDER Korean Won trading market on Bithumb points to a targeted effort to tap into the Korean market, potentially indicating a shift in focus or an expansion of operations in Asia. Future trends may include a surge in ORDER token trading volumes and increased adoption within the Korean cryptocurrency community.
