Morpho Surges 6% as DeFi Lending Frenzy and Coinbase Momentum Fuel Rally

DeFi's sleeping giant wakes up swinging.

Morpho just ripped through resistance—posting a solid 6% gain as lending demand explodes and Coinbase integration sends fresh capital flooding in.

Why This Rally Isn’t Just Hype

Traders are piling into decentralized lending protocols like never before. Morpho’s capital-efficient design lets users earn yield without drowning in gas fees—something traditional banks still can’t wrap their heads around.

Then there’s the Coinbase effect. Listing morpho isn’t just a stamp of approval—it’s a liquidity magnet. Retail and pro traders now have seamless access, and they’re voting with their wallets.

But let’s keep it real: in a space where ‘fundamentals’ sometimes mean ‘which influencer shilled it last,’ a 6% climb actually feels refreshingly justified. Maybe even… sustainable?

Still, if you think Wall Street is watching quietly from the sidelines—think again. They’re probably already building a tokenized version of the same thing with higher fees and slower execution.

Morpho has resumed its bullish run, rising 6.11% in the past 24 hours to trade around $2.49. This is while maintaining its 21% gain this week. Its market cap has climbed to $817.37 million, with daily trading volume shot up 22.77% to $73.61 million.

The price surge is being fueled by sector-wide strength in decentralized lending protocols. Successively, Morpho’s TVL has surged beyond $9 billion, with collateral supplied already crossing the $1 billion mark.

Coinbase has further fostered the project’s outlook by injecting liquidity through its $179 million Stablecoin Bootstrap Fund. Additionally, Gemini’s new self-custody wallet now integrates Morpho, granting millions of users direct access to the protocol’s lending markets. Intriguing enough? Join me as I decode where the MORPHO price is heading next.

Morpho Price Analysis:

Technically speaking, MORPHO’s breakout above the $2.32 resistance level marked a strong bullish shift. The token is trading well above its 20-period moving average on the 4-hour chart, while Bollinger Bands show widening volatility to the upside. With current prices testing the upper band NEAR $2.51, momentum appears strong, though near-term consolidation is possible.

The RSI is hovering near 77, signaling short-term overheating. If price traces back to $2.32, now serving as critical support, while immediate resistance lies at $2.60. A sustained close above $2.60 could open the door to a further rally. However, bulls may face profit-taking pressure as price approaches that level.

FAQs

Sector-wide DeFi lending growth, liquidity support from Coinbase, and major wallet integrations are key drivers.

Yes, the RSI near 77 suggests near-term overheating, though bullish fundamentals remain intact.

Support sits at $2.32, with resistance around $2.60. A breakout could target $3.00.