Curve CRV Jumps 1.93% as Protocol Slashes Emissions by 15.9% Ahead of 5th Anniversary
CRV price surges to $0.88 following Curve Finance's strategic emission reduction announcement. The protocol's fifth-anniversary update introduces deflationary pressure, cutting annual token emissions from 137.4 million to 115.5 million tokens.
Technical indicators show strong bullish momentum with RSI hinting at oversold recovery. The ecosystem demonstrates robust growth with 40,000 monthly active users and 140 million CRV tokens locked within 45 days, signaling rising adoption and long-term holder confidence.
The supply shock from reduced emissions creates favorable conditions for price appreciation. Traders now eye potential breakouts above key resistance levels as fundamentals align with technical strength.