Historical replay · RAD/USD
Radworks' Stair-Step Day: Three Spikes, Three Pullbacks, +31% (October 2026)
On October 5, 2026, Radworks' RAD token rose 31.3% in a series of sharp spikes, each followed by a pullback, on about 19 times its usual volume. Relive a choppy, two-way rally hour by hour.
Radworks, formerly known as Radicle, develops peer-to-peer tools for collaborating on code without relying on a central platform. Its RAD token had traded in a narrow range around $0.23-$0.26 for most of September. On the morning of October 5 it was sitting at $0.265 on almost no volume — some hours traded less than $10,000.
The first hint came in the 12:00 UTC hour, a 5% pop to $0.28 that was fully reversed an hour later. The real start came in the 15:00 UTC hour: RAD jumped 18% to $0.311 on $2.3 million of volume and reached $0.347 in the 16:00 UTC hour. Then it gave back almost half of the move, sliding to $0.291 by the 18:00 UTC hour.
A second spike followed in the 19:00 UTC hour, +21.5% to $0.356, and the 20:00 UTC hour reached $0.375 before closing at $0.33, down 7.3%. A third push in the 22:00 UTC hour set the day's high at $0.381. RAD closed at $0.344, up 31.3%, on $10.1 million of volume — about 19 times its 30-day average and its highest close since November 2025. Early on October 6 it kept climbing, to $0.391, its highest price since January 31.
The replay is a lesson in volatility management. A trader who bought the first spike at $0.347 was under water by 16% two hours later, yet the token closed the day higher and extended overnight. Notice how every new high was followed by a sharp drop, and how each drop stopped above the previous low — a stair-step that rewards wide stops and punishes tight ones. The same day, iExec's RLC doubled, suggesting the move was part of a broader rotation into older infrastructure tokens.