--- title: "SAND jumps 15% – THESE 3 signals show REAL participation is back!" type: "News" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/272906128.md" description: "The Sandbox (SAND) surged nearly 15% on January 17, marking a strong performance after a period of consolidation. The price broke above key moving averages, indicating improved momentum. A significant increase in daily trading volume to around $140 million confirmed renewed market interest, while Open Interest in derivatives rose to $25 million, reflecting growing speculative activity. Additionally, the number of SAND holders increased, suggesting long-term engagement. These factors indicate a shift in market structure, potentially leading to a broader recovery phase if trends continue." datetime: "2026-01-18T07:02:08.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272906128.md) - [en](https://longbridge.com/en/news/272906128.md) - [zh-HK](https://longbridge.com/zh-HK/news/272906128.md) --- > 支持的语言: [English](https://longbridge.com/en/news/272906128.md) | [繁體中文](https://longbridge.com/zh-HK/news/272906128.md) # SAND jumps 15% – THESE 3 signals show REAL participation is back! The Sandbox \[SAND\] performed strongly this week. The token’s price moved steadily higher before surging sharply over the past 24 hours. On the 17th of January, SAND was up nearly 15% on the day, marking one of its strongest single-day performances in weeks. The move followed a period of tight consolidation, where price action remained constrained before breaking higher. That breakout introduced fresh short-term dynamics on the daily chart. SAND’s price pushed above its 20-day and 50-day exponential moving averages, levels that had previously limited bullish attempts. This shift signaled improving momentum, as buyers regained control after several weeks of indecision. Source: TradingView ## **Volume spike confirms renewed market interest** The bullish price action aligned with a sharp rise in trading activity. Daily Spot Volume surged to around $140 million, nearly tripling compared to recent sessions. That volume expansion reflected renewed market participation, with traders and investors stepping in alongside the breakout. Historically, similar volume behavior during The Sandbox \[SAND\] rallies has supported continuation rather than isolated spikes. ## **Derivatives data shows growing speculative activity** Momentum also extended into Derivatives markets. Open Interest climbed notably over the past 24 hours, reflecting an increase in outstanding leveraged positions. At press time, Open Interest stood near $25 million. The rise suggested that traders committed additional capital in line with the prevailing direction, instead of positioning against the move. Source: Coinalyze ## **Holder growth supports longer-term engagement** Beyond price and Derivatives data, on-chain trends also leaned constructive. The number of SAND holders continued to rise through mid-January. That steady wallet growth pointed to improving longer-term engagement, with new participants entering as market conditions strengthened. Source: CoinMarketCap Taken together, SAND’s move above key moving averages, expanding Spot Volume, rising Open Interest, and growing holder count highlighted a clear shift in short-term market structure. * * * ## Final Thoughts - _SAND’s latest move reflected more than a short-term bounce, with participation expanding across Spot, Derivatives, and on-chain activity._ - _If these trends persist, the breakout could mature into a broader recovery phase, though follow-through remains key._ * * * ## 相关资讯与研究 - [March Market Turmoil Slams Hedge Funds](https://longbridge.com/zh-CN/news/281547024.md) - [Ex-OpenAI's Kass: AI Is Going to Make a Lot of Winners](https://longbridge.com/zh-CN/news/281017504.md) - [Mexico vows stricter action after 14th Mexican death in US migration detention](https://longbridge.com/zh-CN/news/281047783.md) - [Internet optimizer getting a handle on cracked market — maybe](https://longbridge.com/zh-CN/news/281069169.md) - [This is the riskiest market in history](https://longbridge.com/zh-CN/news/281015803.md)