Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Sui price prediction after SUI Group Holdings’ $332m token grab

    September 5, 2025

    Chinese fintech eyes Venom blockchain in push for digital finance modernization

    September 5, 2025

    Bankera founders blew ICO funds on luxury real estate, report

    September 5, 2025
    Facebook X (Twitter) Instagram
    Friday, September 5
    • About
    • Contact us
    • Privacy Policy
    Facebook X (Twitter) LinkedIn YouTube
    Blockchain Echo
    Banner
    • Lithosphere News Releases
    • Bitcoin
    • Crypto
    • Ethereum
    • Litecoin
    • Altcoins
    • Blockchain
    Blockchain Echo
    Home » Bithumb listing sends the price of Euler (EUL) price flying
    Altcoins

    Bithumb listing sends the price of Euler (EUL) price flying

    Isabella TaylorBy Isabella TaylorSeptember 5, 2025No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bithumb lists Euler (EUL)

    • The Euler (EUL) price has surged over 30% after Bithumb confirmed KRW trading.
    • Euler’s TVL hit $1.52B, marking rapid DeFi growth in 2025.
    • Coinbase and Pendle integrations have boosted Euler’s ecosystem momentum.

    Bithumb, South Korea’s second-largest cryptocurrency exchange, has announced that trading for Euler (EUL) will begin today at 5:00 pm Korean Standard Time.

    The news has sent the EUL price surging more than 30% within hours, with intraday fluctuations taking the token from lows of $9.25 to as high as $13.33.

    By press time, the token was hovering around $13.02, still up more than 30.6% from the previous day.

    Euler price chart

    Besides impacting the altcoin’s market price, the listing also fueled an immediate spike in trading activity.

    EUL’s daily volumes jumped nearly 292%, reaching $9.58 million, with a significant portion of the trades taking place on Asian exchanges.

    Notably, this surge in key market metrics has positioned EUL among the day’s top gainers in the global crypto market, drawing attention to a project that had already been gathering momentum throughout 2025.

    Expanding ecosystem and new integrations

    The listing comes at a time when Euler has been expanding its ecosystem with new products and integrations.

    In early August, the token was listed on Coinbase, a move that gave US investors easier access to the protocol.

    Euler also unveiled EulerEarn, a passive yield strategy backed by $50,000 in USDC incentives in August.

    Euler has also introduced isolated ETH markets on Linea, an Ethereum layer-2 network designed to boost scalability and cut transaction costs.

    More recently, it integrated with Pendle, unlocking additional yield opportunities for decentralised finance users.

    Today, the protocol is also celebrating its first anniversary of its V2 upgrade, which included the launch of the Euler Vault Kit, a modular system for creating customised lending markets.

    These developments highlight the project’s ongoing effort to cement its role in a competitive sector.

    According to data from DeFiLlama, Euler’s total value locked has reached $3 billion, a sharp rise from just $100 million at the start of 2024.

    This growth reflects a surge in user adoption and positions the protocol among the more dynamic projects in the decentralised finance sector.

    Revenues and fees collected by the network have also increased more than fivefold this year, according to Token Terminal.

    Euler (EUL) price analysis points to a bullish momentum

    From a technical perspective, Euler’s momentum remains bullish.

    Notably, the sharp price surge pushed EUL above its upper Bollinger Band, a signal of strong market demand but also of potential overextension.

    The Relative Strength Index now stands at 67, just below overbought levels, while moving averages across 10, 20, and 30 days remain aligned in a bullish pattern.

    If the current rally continues, EUL could retest its July peak of $15.81 in the coming weeks.

    However, traders should be cautious of profit-taking, which could drive the token back into the $10.50 to $11.00 range in the near term.

    Euler Finance network growth

    The price rally lifted Euler’s market capitalisation to roughly $242 million, while its fully diluted valuation stood at about $353 million.

    But despite the gains, the token remains nearly 20% below its all-time high of $15.81, reached on July 11.

    According to the market outlook, although the sentiment remains firmly positive, the resistance at the current price level could prove difficult to break in the short term.


    Share this article

    Categories

    Tags



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleEthereum price may rally amid shrinking Binance supply
    Next Article Trump’s personal lawyer Jim Trusty pivots to crypto lobbying
    Isabella Taylor

    Related Posts

    Sui price prediction after SUI Group Holdings’ $332m token grab

    September 5, 2025

    Cardano price prediction as retail sentiment flips bearish

    September 4, 2025

    Sky Protocol buyback program starts paying off as SKY token jumps 12%

    September 2, 2025
    Leave A Reply Cancel Reply

    Top Posts

    SUSHI price turns bullish as SushiSwap team teases major reveal

    July 7, 2025

    Bitcoin dev Jon Atack got arrested in El Salvador this weekend

    July 7, 2025

    Dow Jones falls 100 points, S&P 500 and Nasdaq open lower amid Trump tariffs threats

    July 7, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    About Us

    Stay updated on the world of cryptocurrency
    Your one-stop source for daily crypto news and insights
    Blockchainecho.info: Your trusted daily crypto companion

    Most Popular

    SUSHI price turns bullish as SushiSwap team teases major reveal

    July 7, 2025

    Bitcoin dev Jon Atack got arrested in El Salvador this weekend

    July 7, 2025

    Dow Jones falls 100 points, S&P 500 and Nasdaq open lower amid Trump tariffs threats

    July 7, 2025
    Copyright © 2025
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.