The post Maple SYRUP price eyes rebound as smart money piles in appeared on BitcoinEthereumNews.com.

Maple Finance price rose by 1.50% on Friday, as on-chain data showed that smart money investors were buying the recent dip. Maple Finance (SYRUP) token climbed to $0.5365, slightly above this week’s low of $0.4912. It has surged over 520% from its lowest point this year, bringing its market capitalization to $638 million. According to Nansen data, smart money investors have been accumulating SYRUP, indicating expectations of continued upside. These investors purchased tokens worth $3.13 million over the past seven days, making SYRUP the most bought token during this period. Tokens ranked by smart money buying | Source: Nansen Additional Nansen data shows that the top 100 addresses have increased their holdings by 10% in the last week, now totaling 1.07 billion tokens. Whale holdings also rose by 4% to 9.27 million, while the number of SYRUP tokens on exchanges dropped by 1.7% to 262 million. Whales and smart money investors are likely buying because of its ongoing growth. Data show that the total value locked jumped to $2.8 billion, up from $540 million as of January 1.  Active loans on the platform now exceed $1.2 billion, while protocol revenue has surged. Maple Finance has already generated $4 million in revenue this year, well above the $2.5 million it earned for all of last year. In 2024, Maple generated slightly below $2.5M in protocol revenue in 12 months. We are already above $4M halfway through 2025. Accelerate. pic.twitter.com/m0Jm4BbMf4 — Maple (@maplefinance) July 2, 2025 SYRUP price technical analysis Maple chart | Source: crypto.news The daily chart shows that Maple Finance formed a double bottom at $0.089 in February and April. It broke above the neckline at $0.1930 in May and went parabolic as whales and smart money piled in. SYRUP has moved above the 50-day moving average and formed an…

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Filed under: News - @ July 5, 2025 12:28 am