$SYRUP is up 18.7% since I covered it here on September 23, from 0.2091 to 0.2482. It topped at 0.2662 yesterday, a 30 day high.
Live numbers:
Price: 0.2482 USD
24h: -2.9%
7d: +18.4%
30d: +17.1%
Market cap: 290M USD, rank 158
24h volume: 9.4M USD
What I flagged then: 94% of the supply was already circulating, so there was no unlock overhang left to absorb, and price had spent three weeks boxed between 0.1906 and 0.2395. That ceiling broke on September 29 and has not been given back.
The part that keeps it honest: deposits on the protocol did not follow. They stood at 3.14B USD on September 23 and sit at 3.07B today. The token repriced, the loan book did not grow. That is a multiple expansion, not new demand for credit.
Supply today: 1.167B of a 1.245B total, so 93.8% is out.
Levels. Below price: 0.2469, today's low, then 0.2343. Above price: 0.2563, then 0.2662, yesterday's high.
Context: SYRUP is 62% below its all time high of 0.6532 from June 2025.
Follow me for daily trending breakdowns.
#syrup #rwa #defi #lending #crypto
Live numbers:
Price: 0.2482 USD
24h: -2.9%
7d: +18.4%
30d: +17.1%
Market cap: 290M USD, rank 158
24h volume: 9.4M USD
What I flagged then: 94% of the supply was already circulating, so there was no unlock overhang left to absorb, and price had spent three weeks boxed between 0.1906 and 0.2395. That ceiling broke on September 29 and has not been given back.
The part that keeps it honest: deposits on the protocol did not follow. They stood at 3.14B USD on September 23 and sit at 3.07B today. The token repriced, the loan book did not grow. That is a multiple expansion, not new demand for credit.
Supply today: 1.167B of a 1.245B total, so 93.8% is out.
Levels. Below price: 0.2469, today's low, then 0.2343. Above price: 0.2563, then 0.2662, yesterday's high.
Context: SYRUP is 62% below its all time high of 0.6532 from June 2025.
Follow me for daily trending breakdowns.
#syrup #rwa #defi #lending #crypto
