{"id":8639,"date":"2025-08-23T15:48:07","date_gmt":"2025-08-23T15:48:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/morpho-price-set-for-a-60-jump-as-top-metrics-hit-record-highs\/"},"modified":"2025-08-23T15:48:25","modified_gmt":"2025-08-23T15:48:25","slug":"morpho-price-set-for-a-60-jump-as-top-metrics-hit-record-highs","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/morpho-price-set-for-a-60-jump-as-top-metrics-hit-record-highs\/","title":{"rendered":"Morpho price set for a 60% jump as top metrics hit record highs"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Morpho price continued its strong rally this week, hitting its highest level since February amid robust demand for its lending solutions.\u00a0<\/p>\n<div id=\"cn-block-summary-block_b608009fde6c71f8ab2fdaed8c8547cf\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Morpho token has jumped by 245% from the year-to-date low.<\/li>\n<li>The total deposits in its platform jumped to $10 billion.<\/li>\n<li>Technical analysis points to more gains this year.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Morpho (MORPHO) token jumped to a high of $2.8567, up by over 245% from its lowest level in March. Its market cap has soared to $867 million, while its 24-hour volume was up by 24%.\u00a0<\/p>\n<p>Morpho price has rallied because of the ongoing demand of its solutions. Data on its website shows that the total deposits in its platform crossed the $10 billion milestone this week. Its issued loans have soared to over $3.6 billion.\u00a0<\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/morpho\" target=\"_blank\">DeFi Llama<\/a>, the total value locked in Morpho soared to a record high of $7 billion, up from $2.5 billion in April this year.\u00a0<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Most of Morpho\u2019s growth accelerated after its integration on Coinbase, the biggest crypto exchange in the US. Its integration gave it access to millions of users, a trend that may continue after the launch of The Base App.\u00a0<\/p>\n<p>Morpho offers a platform where users can deposit their funds and earn a return. It differs from other platforms in that users can select their preferred pools to deposit their funds. Users can also use their crypto assets as collateral for loans.\u00a0<\/p>\n<p>Morpho is one of the several players that are disrupting the crypto lending industry, which has accumulated over $100 billion in deposits. The others are popular names like AAVE and Maple Finance.<\/p>\n<h2 class=\"wp-block-heading\">Morpho price technical analysis<\/h2>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Morpho price chart | Source: crypto.news<\/figcaption><\/figure>\n<p>The daily chart shows that the Morpho token price has rebounded in the past few weeks. It jumped from a low of $0.8186 in April to nearly $3 today.<\/p>\n<p>Morpho has crossed the important resistance level at $2.2570, where it formed a double-top chart pattern with a neckline of $1.5700, its lowest point on Aug. 2.\u00a0<\/p>\n<p>Morpho price has moved above the 50-day Exponential Moving Average, a sign that bulls are in control. The Supertrend indicator has turned green, while oscillators are rising.<\/p>\n<p>Therefore, the Morpho token price will likely continue rising as bulls target the year-to-date high of $4.1715, which is 60% above the current level.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Morpho price continued its strong rally this week, hitting its highest level since February amid robust demand for its lending solutions.\u00a0 Summary Morpho token has jumped by 245% from the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8001,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8639","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8639"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8639\/revisions"}],"predecessor-version":[{"id":8640,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8639\/revisions\/8640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/8001"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}