MORPHO Price Targets $5.46 as Base DeFi Activity Expands Further
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Tron Weekly Journal
Cryptocurrency News | Cryptocurrency Prices | Market CapMORPHO Price Targets $5.46 As Base DeFi Activity Expands Further
MORPHO price has rebounded strongly from its mid-September low as technical indicators point to renewed buying pressure. The protocol is also expanding its DeFi footprint, with growing Base activity and stock-backed lending adding further utility while traders watch key levels between $3.42 and $5.46.
Morpho Turns Tokenized Apple and Nvidia Stock Into DeFi Loan Collateral
Morpho launched as Circle's Arc chain credit layer with $220 million in day-one deposits, then opened Base markets letting holders borrow USDC against tokenized Apple, Nvidia, Meta, Alphabet, and SpaceX stock. The move, paired with new World Money, Zama, and XRP integrations, sent MORPHO up 18%.
MORPHO accumulates an increase of 10.98% in 24 hours to USD 2,57, with a daily volume 165% above its average of 30 days. The combination of institutional integrations, vaults with more than USD $220 million and loans on Tokenized shares in Base puts the protocol in the center of the regulated DeFi, although the price remains 38% below its historical maximum.
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