Morpho (MORPHO), native to the decentralized lending protocol, has climbed more than 12% in the past 24 hours to emerge as one of the top gainers in the crypto market.
The uptick has pushed MORPHO to price levels seen in early March, with daily volume rising as key network developments catalyze bullish movement. MORPHO traded to highs of $2.38 and its market cap reached over $773 million..
The MORPHO token has reached its highest value in six months, with bulls strengthening since hitting lows of $0.85 in April. Morpho price hovered around $2.38 and the zone in early March.
With buyers pushing higher after a period of consolidation, MORPHO has struck upward momentum amid heightened market interest.
Largely, traders see the token’s strong fundamentals and the protocol’s innovative approach to lending as a bullish factor.
After hitting lows of $0.7 in November, MORPHO has jumped over 230% to its current levels. Gains also put the altcoin about 44% of its all-time peak of $4.17 reached in January 2025.
The token’s performance, which comes amid a 47% spike in daily volume, has MORPHO outpacing most top gainers on the day.
Several recent developments within the Morpho ecosystem are believed to be the catalysts behind this price jump.
Centrifuge, a platform specializing in real-world asset (RWA) tokenization, has announced key integrations with Coinbase, Aerodrome Finance and Bitget among others. This integration, announced on Aug. 20, 2025, will also offer collateral support for Morpho.
According to Morpho Labs, the move allows the protocol to expand its offerings by incorporating decentralized RWA tokens, enhancing its lending capabilities and attracting new users.
MORPHO also surged after industry players launched Ascend.
Centrifuge’s announcement emphasized the potential for Morpho to unlock liquidity for tokenized assets, a move that has sparked optimism among investors.
Additionally, Gauntlet, a risk management firm, shared insights about Morpho’s updated risk parameters, which were refined to optimize lending efficiency.
The confluence of these technical enhancements, partnerships and integrations are creating a positive narrative for MORPHO.
Price is likely to jump higher as retail and institutional holders bid to increase their stakes.
As the DeFi sector continues to evolve, Morpho’s ability to leverage RWA integration and robust risk management could solidify its position as a key player.
For now, the 12% price jump serves as a testament to the project’s resilience and potential, drawing significant attention in today’s market.
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