Morpho traded almost $ 1.39 and was 2.4% in the green on the day, because Bulls seem to have an important price level, with resilience in this crucial zone that is shown as the total value of Morpho based on the base almost $ 2 billion.
The Morpho (Morpho) Crypto platform is increasingly an important player in the decentralized financial ecosystem. The native token reached highlights of $ 4.17 in January, but fell sharply when cryptocurrencies were reflected wider risk assets, Morpho in April a lows of $ 0.85.
Although Bulls Morpho has seen bouncing with 93% since his $ 0.71 low in November 2024, they were unable to get higher after bouncing the bottom of April, with the price in a food wall running around $ 1.66 in May. Nevertheless, and a dip up to $ 1.37, Morpho has risen by 7% last week and more than 30% in the past three months.
Morpho TVL based
While the cryptocurrency is under pressure at the current level, the services of the lending platform of the on-chains see remarkable growth. This has helped the total value locked metric to return from a low of $ 2.6 billion in April to more than $ 4.55 billion.
Ethereum is responsible for most of the TVL, but the Golf Stoot on the Layer-2 chain base means a huge peak in Morpho TVL on the platform. Per DefillamaThe Mopho TVL on the base has risen to more than $ 1.8 billion – at a low of $ 628 million in April 2025 and only $ 60 million in July 2024.
Crypto Fundamentals Tracking Platform Token Terminal emphasized this increase in the total value of Morpho on the basis of a post on X. It noticed a considerable peak, with the TVL now rising to $ 2 billion.
TVL explosion comes as Mopho, who has collected $ 50 million in a strategic round led by Ribbit Capital in 2024, a decent Growing in June. In that month, Morpho turned an Aave on the arbitrum on the base and the largest credit protocol was locked by total value on an Ethereum L2.
In the meantime, Coinbase Crypto-Supported Loans saw more than $ 500 million USDC in origin loans and surpassed collateral $ 860 million.
The growth has also come in the midst of Morpho’s unveiling of V2 of its intention-based credit platform and Web3SOC, a standard for business quality for decentralized finances. The Morpho app has also added support for two new chains, Unichain and Katana.