Morpho Crypto maintains a key level where TVL is approaching the $ 2B base star-news.press/wp

Morpho was traded near $ 1.39 and was 2.4 % in green in the day, as Bulls looks at the main price level, while showing flexibility in this decisive area as the total value of the Morpho closed on the base of $ 2 billion.

The Morpho (Morpho) platform is an increasingly major player in the ecosystem of decentralized financing. The original distinctive symbol reached $ 4.17 in January, but it declined sharply as cryptocurrencies reflected wider risk assets, Morfu reached $ 0.85 in April.

Although the bulls have seen Morpho 93 % in its lowest level ever at $ 0.71 in November 2024, they failed to rise after their bounce at the bottom of April, as the price moved to the supply wall of about $ 1.66 in May. Nevertheless, it decreased to $ 1.37, Morpho has risen by 7 % last week and more than 30 % in the past three months.

Morpho Tvl on the base

While the cryptocurrency faces pressure on the current levels, the chain lending platform services are witnessing remarkable growth. This helped the total closed value -closed value regained from the lowest level of $ 2.6 billion in April to more than $ 4.55 billion.

Ethereum is most of TVL, but the increase in use via the Layer-2 series base means a huge rise in Morpho TVL on the platform. per DevilleMPHO TVL jumped on the base to more than $ 1.8 billion – an increase of $ 628 million in April 2025 and only 60 million dollars in July 2024.

The Crypto Tracking Terminal tracker has highlighted this increase in the total value of the Maurvo closed on the base in a publication on X. I noticed a significant increase, as TVL now rose towards a sign of $ 2 billion.

The TVL explosion comes at a time when MPHO, which raised $ 50 million in a strategic tour led by Ribbit Capital in 2024, recorded a decent record Growth trend in June. In that month, Morpho on Base Aake turned over the expression, becoming the largest lending protocol in terms of the total closed value on Ethereum L2.

Meanwhile, Coinbase loans backed by encryption have seen more than $ 500 million in loans that arose, and guarantees exceeded $ 860 million.

The growth also came amid the disclosure of the Morpho of the V2 for the intention -based lending platform and Web3SOC, which is a standard at the level of decentralized financing. The Morpho app also added support for new chains, Unichain and Katana.

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2025-07-08 18:50:00

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