CHZ climbs into the top 100 as World Cup 2026 narrative returns | Credit: Hameem Sarwar
Share
Key Takeaways
CHZ is rallying into the 2026 World Cup narrative, with the price at $0.042 after a 46% monthly gain.
The weekly breakout, rising volume, and ~8% holder retention suggest buyers are still in control.
If the trend holds, CHZ ‘s price could target $0.076 later, but a loss of momentum could pull it back.
CHZ, native to the Chiliz blockchain, has surged to its highest level since Oct. 7, lifting the asset back into the top 100 cryptocurrencies by market capitalization.
The move comes as 2026 begins, the same year the FIFA World Cup is set to take place.
This development has revived speculation that Chiliz’s price could benefit from a familiar narrative cycle tied to major sporting events.
Historically, CHZ has often attracted renewed attention in the months leading up to large tournaments, as market participants price in increased fan engagement.
The key question now is whether this rally reflects the early stages of another “tournament trade,” or whether broader market conditions will limit follow-through this time around.
Chiliz Breaks Downtrend
At the time of writing, the CHZ price was trading at $0.042. This represents a 46% price increase over the past 30 days.
As stated earlier, the World Cup, scheduled to be held between June 11 and July 19, 2026, seemed to have influenced the rally.
Amid that, the Moving Average Convergence Divergence (MACD) has formed a bullish crossover for the first time since May 12.
Likewise, the Bull Bear Power (BBP) is positive. To add to this, it appears that bulls have defended the support near $0.027.
If sustained, the next target for the altcoin could be the resistance at $0.076. However, this will only be the case if bears do not intervene with full force.
Beyond the charts, Chiliz may also be positioning for increased traction into 2026.
Founder Alexandre Dreyfus recently indicated that he plans to unveil the project’s major initiatives for the year later this month.
“Happy New Year. In January 2026, I’ll be presenting Chiliz 2030: our biggest bet yet for Chiliz, Socios, and FanTokens. While the World Cup 2026 will be a global moment, what we’re building will last far beyond a month. We started 8 years ago — and we’re just getting started. Building one of the most concrete RWA + SportFi ecosystems in crypto,” Dreyfus noted.
Volume Spikes, Holders HODL
Meanwhile, CHZ’s trading volume has spiked to its highest level in over a year, reaching $276.45 million at the time of this writing.
The fact that volume is expanding alongside the Chiliz price suggests growing demand and liquidity inflows are supporting the rally.
However, sustained upside will depend on whether volume remains elevated after the initial breakout, rather than fading once short-term traders take profit.
Beyond volume, holder behavior is also turning bullish.
Glassnode data shows that CHZ’s Holder Retention Rate has climbed to 97.62%, indicating that the vast majority of addresses continue to hold their positions rather than exit during the rally.
Generally, higher retention rates tend to reflect stronger holder conviction and a longer-term commitment.
For context, a retention rate of 80% would mean that eight out of every ten addresses that previously held a balance continue to have the asset.
Lower readings, by contrast, often suggest rising distribution, weakening confidence, or increased sell-side pressure.
With CHZ retention now nearing 98%, the data suggests that holders are staying put even as the price rises.
If sustained, this will likely reduce sell pressure and strengthen the Chiliz price rally.
CHZ Price Prediction: 50% Higher
In the short term, Chiliz’s price may have room to extend its rally, supported by an improving trend structure.
The shift is visible on the EMA setup.
At press time, the 20-day EMA has crossed above the 50-day EMA, forming a bullish crossover that often signals strengthening momentum when followed by sustained volume.
If this alignment holds and buyers maintain control, CHZ could push toward $0.048 as the next near-term target.
In a more bullish continuation scenario where demand accelerates, CHZ’s price could extend toward $0.065.
However, the upside case remains sensitive to sentiment.
If the World Cup narrative loses traction or broader risk appetite deteriorates, the move could fade, with CHZ potentially retracing toward $0.037 instead.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
