Deep Dive
1. Atlas Hard Fork Anticipation (Bullish Impact)
Overview:
Viction’s Atlas Hard Fork, scheduled for August 21, 2025, is a mandatory network upgrade focused on improving scalability and security. Major exchanges like Binance and Tokocrypto confirmed support, temporarily pausing deposits/withdrawals to facilitate the transition.
What this means:
Hard forks often drive short-term bullish sentiment as they signal technical progress and institutional backing. The upgrade’s focus on “power, security, and development capacity” could attract developers and validators, tightening supply dynamics.
What to look out for:
Post-upgrade network stability and developer adoption of new features like the VRC25 token standard.
2. Technical Breakout Setup (Mixed Impact)
Overview:
VIC trades at $0.226, hovering above a rising trendline support (~$0.2665) and below resistance at $0.2887. The MACD histogram turned positive (+0.000591), signaling improving momentum, while the RSI (52.58) suggests neutral sentiment.
What this means:
The narrowing price range ($0.2665–$0.2887) reflects trader indecision. A breakout above $0.2887 could target $0.44–$0.45 (Fibonacci extension), but low trading volumes (-59.49% 24h) hint at weak conviction.
Key threshold:
A close below $0.2665 risks a drop to $0.25–$0.257, invalidating the bullish structure.
3. Ecosystem Growth & Partnerships (Bullish Impact)
Overview:
- WSPN Partnership: Viction integrated WUSD stablecoin for gasless transactions, enhancing cross-border payment utility (Conviction 2025 announcement).
- User Growth: July metrics showed DAU nearing 63,400 (+14% MoM) and TVL approaching $12M.
What this means:
Real-world use cases (e.g., payments, DeFi) and rising adoption in Southeast Asia strengthen VIC’s fundamentals. The 24h price rise aligns with residual optimism from these developments.
Conclusion
Viction’s 24h gain reflects cautious optimism around its technical upgrades and ecosystem growth, tempered by low trading volumes. Key watch: Can the Atlas Hard Fork trigger a volume-backed breakout above $0.2887, or will consolidation persist?