CRV Price Soars to $0.96 as Curve Finance Hits 40,000 User Milestone
The post CRV Price Soars to $0.96 as Curve Finance Hits 40,000 User Milestone appeared on BitcoinEthereumNews.com.
Felix Pinkston
Aug 09, 2025 06:33
CRV trades at $0.96 (+2.79% daily) after 85.25% monthly surge driven by record 40,000 active users and 140M token lockup, with technical indicators showing bullish momentum.
Quick Take • CRV currently trading at $0.96 (+2.79% in 24h) • Curve technical analysis reveals very strong bullish trend with RSI at neutral 57.30 • Record 40,000 monthly active users drove 85.25% price surge over past 30 days • 140 million CRV tokens locked in past 45 days signals strong community commitment What’s Driving Curve Price Today? The CRV price surge continues to build momentum following this week’s explosive growth in user adoption. On August 8th, Curve Finance announced reaching 40,000 monthly active users for the first time in its history, marking a significant milestone that coincided with an impressive 85.25% price rally over the past month. This user growth represents more than just numbers – it demonstrates real utility and adoption of Curve’s decentralized exchange protocol. The timing of this announcement has provided fresh bullish sentiment for CRV/USDT trading pairs, as increased user activity typically translates to higher trading volumes and protocol revenue. Adding to the positive momentum, Curve Finance revealed on August 4th that 140 million CRV tokens have been locked over the past 45 days. This substantial token lockup reduces circulating supply and indicates long-term confidence from existing holders. When combined with the user growth milestone, these developments create a compelling fundamental backdrop supporting the current CRV price levels. CRV Technical Analysis: Very Strong Bullish Signals Emerge Curve technical analysis reveals an overwhelmingly bullish picture across multiple timeframes. The most striking indicator is CRV’s position relative to its moving averages – currently trading at $0.96, the token sits well above its 200-day SMA at $0.63, representing…
Filed under: News - @ August 10, 2025 3:25 am