Can TAIKO Continue the 100% Surge?

TAIKO, the native token of the Taiko ZK-EVM Layer 2 blockchain, has quietly become one of the more discussed Ethereum scaling tokens. 

Trading around $0.50 with a market capitalization close to $85 million, it has posted impressive long-term gains while still struggling to regain previous highs. 

This raises a critical question for traders and investors alike: can TAIKO realistically deliver another 100% surge from current levels, or is the recent momentum already fading?

Key Takeaways

• TAIKO remains well below its all-time high, despite strong yearly performance

• Technical indicators show mixed signals, with short-term optimism and long-term caution

• A near-term 100% surge looks challenging, unless market sentiment shifts decisively

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What is TAIKO?

TAIKO is the native utility and governance token of the Taiko network, a decentralised ZK-EVM Layer 2 solution built to scale Ethereum without compromising on security or decentralisation. 

Unlike some Layer 2s that rely on permissioned validators, Taiko aims to remain as close to Ethereum’s core values as possible by enabling permissionless block proposing and proving.

The Taiko network leverages zero-knowledge proofs to process transactions efficiently off-chain while maintaining Ethereum-level security. 

This design makes it attractive for developers looking to deploy Ethereum-compatible smart contracts with lower fees and faster confirmation times.

From a tokenomics perspective, TAIKO has a total supply capped at 1 billion tokens, with approximately 168.5 million currently in circulation. 

This relatively low circulating supply compared to total issuance means the token is still sensitive to unlock schedules and long-term dilution, a factor investors should not overlook.

Read Also: Understanding Zero Network The Gasless Ethereum Layer 2

TAIKO Price Performance and Market Context

As of late January 2026, TAIKO trades at around $0.502. In the short term, the token has dipped by roughly 1.6% over the last 24 hours and declined about 7.6% over the past week. 

However, zooming out tells a more encouraging story, with gains of 38.4% over the past 30 days and an impressive 80.7% increase on a yearly basis.

Despite these gains, TAIKO remains significantly below its all-time high of $3.80, reached in June 2024. The current price represents an 86.8% drawdown from that peak, highlighting how far the token would need to climb to reclaim previous valuations.

Importantly, there is no clear evidence of a recent 100% surge. While past rallies have occurred, such as a notable 32% daily jump in September 2024 accompanied by a 635% spike in volume, current trading activity appears more subdued. 

The 24-hour trading volume stands at approximately $15.6 million, with no unusual liquidity inflows suggesting an imminent breakout.

Read Also: ZKWASM vs ZKsync vs Starknet: Which One is Better?

Technical Analysis: Bullish Short-Term, Bearish Long-Term

From a technical perspective, TAIKO presents a mixed picture. Short- and medium-term moving averages, including several SMA and EMA indicators up to the 100-day range, currently flash BUY signals. This suggests that recent price action has stabilised and may attract momentum traders looking for short-term opportunities.

However, the longer-term trend tells a different story. The 200-day moving averages still indicate SELL signals, reflecting broader bearish pressure that has yet to be fully reversed. The Relative Strength Index (RSI) sits at around 48, placing TAIKO firmly in neutral territory and indicating neither overbought nor oversold conditions.

Market sentiment indicators also lean cautious. The Fear & Greed Index stands at 25, signalling Extreme Fear across the broader crypto market. While such conditions can sometimes precede rebounds, they also reflect uncertainty and risk aversion among investors.

Key support for TAIKO currently lies between $0.45 and $0.50, while resistance begins around $0.55 and above. A decisive break above resistance with strong volume would be required to reignite bullish momentum.

Read Also: TAIKO USDT | Spot Trading

Price Forecasts: Can a 100% Surge Happen?

Short-term price forecasts for TAIKO lean bearish. Some projections suggest a potential decline towards $0.13 by late February 2026, representing a significant downside from current levels. Other forecasts anticipate continued weakness through the first half of the year before any meaningful recovery takes place.

Looking further into 2026, predictions vary widely. Analysts estimate potential lows near $0.12 and highs up to $0.47, with an overall average that remains below current prices. This implies that, under current conditions, a sustained 100% surge towards the $1.00 mark appears unlikely in the near term.

That said, TAIKO does have fundamental strengths. Total value locked (TVL) sits at around $54 million, and broader adoption of Ethereum Layer 2 solutions could provide long-term support. However, a fully diluted valuation of approximately $503 million tempers expectations, as it limits upside unless network usage and demand grow substantially.

Read Also: Earn TAIKO Staking Rewards

Buy and Register on Bitrue

For those interested in trading or holding TAIKO, Bitrue remains one of the exchanges where the token is available. Registering on Bitrue allows users to access spot trading pairs, competitive fees, and a range of crypto tools suitable for both beginners and experienced traders. As always, ensure you conduct your own research and use appropriate risk management before investing.

Conclusion

While TAIKO has delivered strong yearly gains and shows promising fundamentals as a ZK-EVM Layer 2 solution, the data does not currently support the likelihood of a near-term 100% surge. 

Technical indicators remain mixed, market sentiment is cautious, and forecasts point to volatility rather than explosive growth. For now, TAIKO appears better suited to patient, long-term observers than short-term momentum chasers.

FAQ

Is TAIKO currently in an uptrend?

TAIKO shows short-term bullish signals but remains in a longer-term downtrend based on 200-day indicators.

Has TAIKO recently surged by 100%?

No, there is no confirmed recent 100% surge, despite strong yearly gains.

What is TAIKO’s all-time high?

TAIKO reached an all-time high of $3.80 in June 2024.

Can TAIKO reach $1.00 soon?

A move to $1.00 appears unlikely in the near term without a strong shift in market sentiment and volume.

Is TAIKO a long-term investment?

TAIKO has long-term potential tied to Ethereum Layer 2 adoption, but it remains a high-risk, volatile asset.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.