Curve CRV Soars 79% in One Week – Can It Sustain the Momentum Toward $1?
Curve DAO's native token CRV has skyrocketed 79% this week, bouncing back from a low of $0.6017 to trade around $0.9882 at press time. The rally includes a 22.9% gain in the past 24 hours, overcoming mid-week profit-taking pressure. On-chain data shows $848.37 million in trading volume, indicating strong market activity.
CRV's governance utility and vote-escrow mechanics (veCRV) continue to attract demand, with 93,828 active holders participating in protocol decisions. Analysts point to Curve's incentive-aligned model as a DeFi governance benchmark, sparking speculation about a sustained breakout above $1.