$KA_STABLECOIN_CW rose 13.88% to 196.2628, its biggest one-day gain in 7 months and a 3.7σ move against its 60-day volatility, on 1.6× average volume. The index opened with a 4.77% gap up, closed near the session high (92% of the day's range) and reclaimed its 200-day moving average. Historically, after 2.5σ-or-larger up days, $KA_STABLECOIN_CW returned +5.74% on average over the following 5 sessions (73% positive, n=11).

$KA_STABLECOIN_CW fell 5.62% to 173.3185, its biggest one-day drop in 1 month. The index opened with a 1.48% gap down, closed near the session low (11% of the day's range) and lost its 200-day moving average.

$KA_STABLECOIN_CW rose 4.89% to 180.6275. The index opened with a 1.82% gap down and reversed through the session, closed near the session high (86% of the day's range) and reclaimed its 200-day moving average.

$KA_STABLECOIN_CW rose 9.27% to 174.8018, its biggest one-day gain in 6 months and a 2.5σ move against its 60-day volatility, on 1.8× average volume. The index opened with a 5.61% gap up and marked a 3rd consecutive advance.

$KA_STABLECOIN_CW rose 5.83% to 155.4476, its biggest one-day gain in 4 weeks and a 1.6σ move against its 60-day volatility. The index reclaimed its 20- and 50-day moving averages.