Curve CRV Hits $1.00 Milestone as Emission Cuts Fuel 85% Monthly Rally
CRV has surged to $1.00, marking a 6.51% daily gain after Curve Finance implemented a 15.9% reduction in token emissions on its fifth anniversary. This strategic MOVE decreases annual CRV issuance from 137.4 million to 115.5 million tokens, creating immediate deflationary pressure.
Technical indicators show bullish momentum with RSI at 58.70 (neutral with upside potential). The emission reduction coincides with record adoption - Curve recently surpassed 40,000 monthly active users, contributing to an 85.25% price surge over the past 30 days.
Market sentiment remains bullish as constrained supply meets growing demand, reinforcing CRV's upward trajectory. The protocol's five-year milestone highlights its resilience and evolving tokenomics in the competitive DeFi sector.