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Curve CRV Jumps 3% to $1.05 as Protocol Slashes Emissions by 15.9%
Curve CRV Jumps 3% to $1.05 as Protocol Slashes Emissions by 15.9%
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Curve CRV News -
Curve Finance's CRV token surged 3.06% to $1.05 after implementing a strategic 15.9% reduction in annual emissions, decreasing from 137.4 million to 115.5 million tokens. This supply constraint aligns with the protocol reaching 40,000 monthly active users—a key milestone demonstrating tangible adoption beyond speculative activity.
Technical indicators show building momentum, with the RSI at 62.47 indicating potential for further gains. Over 140 million CRV tokens have been locked in the past 45 days, removing nearly 12% of circulating supply from markets. This voluntary reduction in liquidity reflects strong holder confidence in Curve's deflationary model overhaul.
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