$HIVE is trading at approximately $0.37 USD, reflecting a significant increase of over 48% in the past 24 hours.

The 24-hour trading volume has surged to around $643 million, indicating heightened market activity.

Hive is a decentralized blockchain platform designed for Web3 applications, emphasizing speed, scalability, and a thriving ecosystem of decentralized applications (dApps).

Despite the recent price surge, HIVE remains approximately 85% below its all-time high of $2.56, suggesting potential room for growth.

The circulating supply stands at about 500 million HIVE tokens, resulting in a market capitalization of approximately $183 million.

This recent price movement may attract increased attention from investors and users within the cryptocurrency community.