The native token of Nervos Network, CKB, has reached a significant milestone, hitting its highest price level in three years. This comes at a time when the broader crypto market is experiencing a bearish trend, making CKB's performance even more impressive.

At the time of writing, CKB has increased by 13.2% in the past 24 hours, trading at $0.035. This price point was last seen in March 2021, highlighting the token's strong recovery. Furthermore, the market capitalization of CKB has surged to $1.55 billion, placing it as the 69th-largest cryptocurrency.

This development underscores the resilience of the Nervos Network and its native token, CKB, in the face of market volatility. Despite the challenging market conditions, CKB has managed to make significant strides, demonstrating the potential of the Nervos Network as a leading blockchain platform.