Latest Power Protocol (POWER) News Update

By CMC AI
23 July 2026 01:15PM (UTC+0)

What is the latest news on POWER?

TLDR

Power Protocol faces a critical chain shutdown while analysts debate its recovery path. Here are the latest updates:

  1. Chain Shutdown Deadline (20 July 2026) – Users had less than 24 hours to bridge assets before the Powerloom network permanently closed.

  2. 2026 Price Recovery Outlook (9 July 2026) – Analysis presents scenarios for POWER, ranging from a drop below $0.15 to a rally toward $0.45.

Deep Dive

1. Chain Shutdown Deadline (20 July 2026)

Overview: Powerloom, the blockchain network for Power Protocol's decentralized data infrastructure, was permanently shut down at 6:00 AM UTC on 21 July 2026. The wind-down was announced just five weeks prior, leaving users a final sub-24-hour window to bridge liquid POWER balances to Ethereum via the Arbitrum-based bridge. After the deadline, the chain halted block production, rendering contracts and on-chain state inaccessible. The project's founders cited a lack of a sustainable operating model and ecosystem demand as reasons for the closure.

What this means: This is bearish for POWER because it represents a major contraction of its native ecosystem, stranding unclaimed rewards and staked assets, which damages utility and investor confidence. The unaffected ERC-20 POWER token on Ethereum now carries the full weight of the project's future. (CryptoSlate)

2. 2026 Price Recovery Outlook (9 July 2026)

Overview: Following a violent crash from above $2.40 in March 2026—triggered by team-linked wallet sales and a Ronin Bridge pause—POWER is attempting to stabilize. A price prediction analysis outlines three potential scenarios for the rest of 2026, hinging on ecosystem expansion, partnership execution, and broader market conditions.

What this means: This presents a neutral to cautiously optimistic outlook, as POWER's fate is now tightly linked to its ability to execute its roadmap. Successful adoption through partnerships like High Roller Technologies could support a move toward $0.45, while further unlocks or slow growth might keep pressure on the price. (Bitrue)

Conclusion

Power Protocol is navigating a pivotal transition, with its original chain now defunct and its token's value reliant on future partnerships and adoption within the Ethereum ecosystem. Will the project's focus on gaming infrastructure and regulated entertainment be enough to rebuild trust and drive its next growth phase?

What are people saying about POWER?

TLDR

POWER's social chatter is a tug-of-war between those eyeing a comeback and others still reeling from a historic crash. Here’s what’s trending:

  1. A trader questions if the project is dead after a 90% crash, urging a focus on real utility over hype.

  2. An analyst warns of extreme leverage and a short squeeze that fueled a massive rally before the collapse.

  3. A Vietnamese trader debates if POWER is a hidden GameFi gem, weighing its multi-app utility against future unlocks.

  4. Recent news highlights a 35% price surge, suggesting some are betting on a recovery despite past volatility.

Deep Dive

1. @Ibn_Ahmadd: Is the POWER project dead after a 90% crash? bearish

"Is the $POWER project dead? 📉... we saw a massive pump earlier, followed by a brutal crash from over $2.54 all the way down to ~$0.078... Chase real utility and actual building — not just narratives." – @Ibn_Ahmadd (1.6K followers · 29 March 2026 11:53 UTC) View original post What this means: This is bearish for POWER because it reflects a loss of confidence from the retail community following severe price destruction, shifting the narrative from speculation to a demand for proven, sustainable adoption.

2. @VELITA_OLAGG: Extreme leverage caused a short squeeze and market imbalance. bearish

"$POWER is experiencing extreme market imbalance, driven by excessive leverage... a spot vs. futures battle... funding rate reached 10,000% annualized... This is a short squeeze in action." – @VELITA_OLAGG (2.9K followers · 26 February 2026 19:33 UTC) View original post What this means: This is bearish for POWER because it reveals the February 2026 rally was structurally unsound, driven by derivatives rather than organic demand, which preceded the March collapse and indicates high speculative risk.

3. @danvuduy_neu: Debating POWER as a hidden GameFi gem with multi-app utility. mixed

"1️⃣ $POWER có phải “hidden gem” tiếp theo của GameFi? 🚀... Utility chính: staking, rewards, governance... Điểm mạnh: mô hình đa ứng dụng... Rủi ro: phụ thuộc adoption hệ sinh thái & biến động mạnh..." – @danvuduy_neu (1.1K followers · 27 February 2026 07:32 UTC) View original post What this means: This is mixed for POWER; it acknowledges the token's strong fundamental design as a shared gaming infrastructure layer but cautions that its long-term value is entirely dependent on ecosystem adoption and is vulnerable to sector volatility.

4. CoinMarketCap: POWER gains 35% as altcoins lead daily market gains. bullish

"Power Protocol (POWER) gained 35.1% to $0.1017 with $14.56 million turnover... Smaller altcoins led daily gains..." – CoinMarketCap (9 July 2026 07:44 UTC) View original post What this means: This is bullish for POWER in the short term, as it shows renewed buying interest and rotation into high-beta altcoins, suggesting traders are betting on a recovery narrative despite the token's turbulent history.

Conclusion

The consensus on POWER is mixed, caught between cautious optimism for its gaming infrastructure thesis and deep-seated skepticism from its catastrophic -90% crash in March 2026. Traders are closely watching for sustained ecosystem growth versus the persistent overhang of future token unlocks and insider selling. Monitor the $0.35 level; reclaiming this former support-turned-resistance would be a critical technical signal for a more sustained recovery.

What is the latest update in POWER’s codebase?

TLDR

I couldn’t find useful data to address this question. The CoinMarketCap team is steadily expanding my crypto knowledge base, so if any important information emerges, I expect to have it shortly. In the meantime, feel free to select another question or coin for analysis.

What is next on POWER’s roadmap?

I couldn’t find useful data to address this question. The CoinMarketCap team is steadily expanding my crypto knowledge base, so if any important information emerges, I expect to have it shortly. In the meantime, feel free to select another question or coin for analysis.
CMC AI can make mistakes. Not financial advice.