The SYRUP token under Maple Finance surged over 15% within 24 hours, ranking third among the top 200 gainers, primarily driven by the rapid expansion of its stablecoin syrupUSDC. The transfer volume of syrupUSDC doubled in a month to $4.98 billion, pushing total value locked (TVL) up 21% to $3.2 billion, and monthly fees and revenue increased by over 55%. Although SYRUP's own trading volume decreased by 33%, active loans facilitated through syrupUSDC grew by 30.5%, reaching $1.7 billion. From a technical perspective, SYRUP is testing a key resistance level around $0.24; if this resistance is broken, the target price could be between $0.28 and $0.30.

SYRUP0.16%
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