COLLAT price has surged over 240% in just two days, breaking through major resistance levels and opening the path for further upside, with its low market cap signaling potential for multiple-X growth.
Collaterize (COLLAT) is up 37% in the past 24 hours, continuing its breakout rally that began two days ago on May 17, when the price decisively pushed through the $0.27 resistance level with a spike in trading volume.
Since that breakout, COLLAT continued climbing, reaching an intraday high of $0.89 today. This marks an approximate 240% gain at its peak in just two days. However, the price has since retraced and is currently trading around $0.78.
The rally follows months of sideways movement within a tight range since late March. A steady upward leg began on May 6, after the price tested key support around the $0.08 – $0.10 level—its lowest level in recent months. From there, buyers stepped in, gradually driving the price higher and setting the stage for the current rally.
With this ongoing rally, COLLAT price has also broken above a major resistance level at $0.040, which had marked its post-launch peak. With both resistances now cleared, the path to the upside is now clear.
Adding to the bullish case, the project currently holds a modest market cap of just $70 million, suggesting multiple-X growth potential—provided that trading volume and bullish momentum continue to support price action. However, the RSI is currently above 90, indicating extreme overbought conditions. Therefore, a pullback or consolidation is likely before any sustained move higher.
Collaterize is building infrastructure to tokenize real-world assets like funds, real estate, and bonds using blockchain technology. Its goal is to make it easier for traditional finance and crypto users to issue, manage, and trade these assets across multiple blockchains. The platform includes a wallet, cards, and a gas-free protocol to enable fast, low-cost, and secure transactions. It also connects with traditional banking systems, making it simple for users to manage both regular money and tokenized assets in one place.
The COLLAT token powers the Collaterize ecosystem. It is used for governance, access to features, and managing a decentralized treasury that invests in RWAs.
