Bybit Supports Taiko v1.15.1 Network Upgrade Today

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 21 2025

Should l Buy TAIKO?

Bybit Supports Taiko Upgrade: Bybit, a major cryptocurrency exchange, is officially supporting the Taiko (TAIKO) v1.15.1 network upgrade, which is a significant technical milestone expected to influence TAIKO token's market dynamics and exchange compatibility.
Market Reactions and Historical Support: The current trading price of TAIKO is $0.596647 with a slight decline, reflecting cautious market sentiment ahead of the upgrade; Bybit has a history of supporting similar blockchain upgrades, indicating its proactive role in the evolving cryptocurrency landscape.

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Technical Analysis for TAIKO

Technical Sentiment Analysis for Taiko (TAIKO) As of , Taiko (TAIKO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TAIKO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, TAIKO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Taiko (TAIKO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0377	0.0708	0.103	0.136	0.168	0.201	0.234
Fibonacci	0.0708	0.0957	0.111	0.136	0.161	0.176	0.201

About TAIKO

Taiko (TAIKO) is a fully open source, permissionless, Ethereum-equivalent ZK-Rollup designed to scale Ethereum natively. Using Taiko feels the same as using Ethereum. There are no centralized actors that operate the network; all operations, including running a Taiko node, proposer, and prover, are permissionlessly run by the community.Additionally, Taiko is based: Taiko blocks and transactions are sequenced by Ethereum block builders. Based rollups rely on Ethereum block builders to sequence their transactions, which decentralizes the sequencer set, allowing the network to inherit liveness and security guarantees from the base layer.In May 2024, Taiko conducted a highly-anticipated TAIKO token airdrop to more than 300,000 community members. The Taiko network is home to more than 100 different DeFi, gaming, social, infra, tooling, and other protocols.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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