Curve CRV Explodes 79% Weekly: Is a 7-Month High Next?
Curve DAO's CRV token has delivered an impressive 79.32% weekly gain, with a 28.39% surge in just the past 24 hours. Trading volume jumped 72.78% to $727.58 million as the price reached an intraday high of $0.993, breaking out of months of consolidation.
The rally appears fundamentally driven, with exchange netflows showing 2.67 million CRV withdrawn from platforms on July 16. The token's Stock-to-Flow ratio hit record highs, signaling unprecedented scarcity. Technical indicators confirm the strength—CRV has decisively broken a descending triangle pattern, rallying from $0.773 to $0.9872 with Bollinger Bands flashing strong momentum signals.