Nano price forecast: here’s why XNO jumped to $1.72?

• Nano price rose by more than 30% in 24 hours to hit highs of $1.72 on November 12, 2025.
• XNO gained amid a 220% volume spike.
• Upside momentum sees Nano bulls eyeing $2.

Nano (XNO) price soared to $1.72 in early trading on Wednesday, November 12, 2025, with a notable 32% increase over the past 24 hours, putting XNO among the biggest gainers.

XNO’s price uptick comes amid a more than 220% spike in daily trading volume.

Such an increase in the metric signals heightened investor interest and market activity.

As of writing, the token is trading above $1.57, highlighting a potential technical breakout, as leveraged trading incentives and growing social sentiment buoy momentum.

Why is Nano price up today?

Nano’s over 30% price gain in 24 hours aligns with a broader rally among so-called “dino coins”.

These are cryptocurrencies that have endured multiple market cycles since their inception.

Forgotten chains that have woken up, these veteran assets, are often characterised by their longevity and established communities.

Remarkably, these coins lagged and even bled as Bitcoin (BTC) went parabolic in the last two cycles, with BTC hitting new highs above $126,000.

Analysts have pointed out the reason why “dino coins” are rallying:

Everyone talking about the ‘dino coins’ pumping. $XNO $ZEC $DASH $DGB

While it’s actually not about dino coins, rather real cryptoCURRENCIES – coins with actual utility as currency and decentralisation. Something you don’t see often anymore.

REAL #crypto is back 🔥

— Forest Horsman (@ForestHorsman) November 12, 2025

Despite mixed broader market performance, several of the pioneering altcoins that first surged in 2017 are drawing renewed investor attention.

A combination of regulatory clarity and growing institutional acceptance has revived interest in older, established projects — particularly those tied to emerging narratives such as privacy-focused tokens and decentralised finance.

Coins including Lisk, VeChain, Nexo, Algorand, and Cosmos have seen fresh buying momentum in recent weeks, supported by their established track records and ongoing ecosystem development.

Nano’s energy-efficient, feeless transaction model continues to attract integration interest.

According to crypto analyst Winkle, Nano’s price has surged more than 54% over the past week, driven by what he described as “aggressive long positioning” from traders.

$XNO waking up big, +32% in 24h and reclaiming key levels.

Momentum is clearly shifting, with traders rotating back into high-conviction midcaps.

– Leverage Flow: Bybit’s 400% APY long incentive sparked aggressive long positioning.
– Technical Breakout: Clean move above $1.2… pic.twitter.com/19jx4ykmAz

— Crypto Winkle (@CryptoWinkle) November 12, 2025

Nano (XNO) price outlook: is $2 next?

Given the market outlook, it’s possible Nano’s price could be on the cusp of a significant milestone.

Bulls will eye the $2 mark, the token’s highest level since December 2024, if they hold immediate support zones.

The recent breakout above the $0.80 resistance level, as highlighted in the chart below, indicates a clean move above $1.20.

Profit taking saw the token revisit this as a key support level, which could act as both a key psychological and technical floor.

If XNO sustains its position above $1.48, it could pave the way for a reversal and sustained push toward $2.

Factors such as liquidity and positive social sentiment will support the potential for bulls to hit this target in the coming days or weeks.

However, traders will be on alert for profit-taking caution near resistance zones.