Covalent X Token (CXT) Surges 200% as Breakout Structure Takes Shape

Covalent X Token (CXT) surged more than 200% in 24 hours after breaking out of a prolonged consolidation range, driven by a sharp spike in trading volume and renewed speculative interest. While no single catalyst has emerged, the rally reflects a technical breakout and improving sentiment around Covalent’s rebranded token and its role in blockchain data infrastructure.