Here’s the reason why syrup syrup syrup is falling apart
Token Maple Finance continued a powerful rally, reached the highest level from November last year, because his assets and income from fees increased.
Maple (Syrup) He jumped to $ 0.3490, for 287% of his lowest level this year, bringing his market hat at $ 374 million. Rally arrived in a high volume environment, with a 24-hour trading volume that increases to $ 150 million.
Token syrup jumped as the total value of locked in his network jumped to a record high value 1.17 billion dollarsUp from this year low of $ 250 million. This play makes it one of the best performing players in decentralized finances.
The growth was translated into a higher network income. According to the tokenterminal, the Protocol generated over $ 600,000 in April, almost double double from the previous month.
In addition, the amount of active credits on maple climbed to a record $ 692 million, a sharp increase of $ 250 million at the beginning of the year.
The price of the syrup also had benefits from new latest entries in the last few months. It has become available at the DIDX, is one of the leading decentralized exchange on Thursday. Earlier this month, it was also on the list on stage and the Bitter at the beginning of this month.
Maple Finance builds a decentralized platform at which verified lenders give equity to institutions. His blue chip provided by the Pool Lending borrows USER, excessively exalted bitcoin (Btc) and Etherum (El). The high yield is provided with the same service, but it is excessively sublime by BTC, ETH and liquid altcoin.
Maple also launched a BTC yield product that allows Bitcoin owners to earn a return to its property.
Price analysis syrup
The eight-hour chart shows that the syrup was in strong multiplayers, positioning maple as a growing force in Definiti. The token recently violated above the level of key resistance to $ 0.1530 – March who turns him highly into support.
The Javor finance token remains above the 50-period of the exponential average average, a sign that the bulls have control. However, there are signs that it became overwhelmed because the relative power index moved to 75.
As such, the most likely close scenario is a return according to the level of support from $ 0.20, and then a potential continuation of a wider bical trend.
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2025-05-16 17:25:00
