Treehouse Crypto Soars Past $500M – Bullish Pattern Signals More Upside Ahead
Treehouse's cryptocurrency isn't just climbing—it's rewriting the playbook. After blasting through the $500 million milestone, its price action is printing a textbook bullish pattern that's got traders buzzing.
The Technicals Don't Lie
That $500M mark wasn't just a round number—it was a springboard. The chart's forming a classic continuation setup, the kind that makes technical analysts reach for their buy orders. No guarantees in crypto, but this structure screams 'institutional interest.'
Wall Street's Watching (And Probably Overcomplicating It)
While hedge funds build 50-slide decks on 'tokenomics,' retail traders are spotting the obvious: momentum favors the bulls. Volume's confirming the move, and liquidity's stacking up where it matters. Even the skeptics are sidelined—for now.
The Punchline?
Another 'disruptive' asset quietly following Bitcoin's lead—but try telling that to the VC bros who just spent $10K on a 'web3 mastermind' retreat. Treehouse might actually deliver returns without the cringe.
Treehouse total value locked hits $500m
The initial TREE price surge followed continued inflows into the network.
According to DeFi Llama, the total value locked in the Treehouse Protocol crossed the $500 million milestone for the first time. TVL has been in a strong uptrend since bottoming at $175 million in April. It then pulled back slightly to $487 million as the token’s price retraced.
Treehouse is a platform that enables users to earn a fixed income by leveraging the Decentralized Offered Rate, or DOR, which aims to replicate traditional rate-setting mechanisms in the crypto space.
DOR uses a network of panelists who submit forward rate expectations by staking TREE tokens. These rates support hedging, derivatives pricing, and portfolio benchmarking.
Treehouse also offers tAssets, which help users earn a secure and enacted yield while aligning with on-chain interest rates. The protocol currently offers an annual percentage yield of 3.25%.
The TREE token launched this week via a Binance-enabled airdrop and was listed on major exchanges including Coinbase and OKX.
However, like many newly launched tokens, its price declined as airdrop recipients sold their allocations. The token also fell as the weighted funding rate turned negative, indicating that investors expect future prices to be lower than current levels.
Will the Treehouse crypto price rebound?
The hourly chart shows that TREE bottomed at $0.4695 before rebounding to $0.6068. This high coincided with the 50% Fibonacci retracement level, which likely contributed to the pullback.
The price also matched the highest swing from July 30, suggesting a cup-and-handle formation with a depth of 23%. Measuring this distance from the upper side of the cup gives a projected target of $0.7500, its highest point this week.