Maple Finance (SYRUP) is hovering around the $0.2700 USD mark at the time of recording on Friday, as buying pressure persistently protects the S1 Pivot support zone at $0.2497 USD. The steady price maintenance indicates that market sentiment is gradually stabilizing after recent fluctuations.
From an on-chain data perspective, demand for this DeFi protocol remains positive. Total Assets Under Management (AUM) has surpassed $4 billion USD, while revenue continues to hold steady after reaching a record high in January — a sign reinforcing investor confidence in the platform.
On the technical side, SYRUP is signaling a potential recovery as selling pressure appears to weaken, opening room for a new upward move if demand continues to be sustained.
Maple Finance Maintains Revenue, Attracts Whales
Data from Dune Analytics dashboards show that Maple Finance has generated $1.46 million USD in revenue so far this month, after hitting a record high of $2.57 million USD — mostly from lending activities and yield optimization strategies. This trend follows steady monthly growth, after the protocol recorded $2.49 million USD in December.
Monthly Revenue of Maple Finance | Source: Dune
Meanwhile, Maple Finance’s total assets under management (AUM) have exceeded $4 billion USD, with lending debt reaching $1.08 billion USD. The combination of stable revenue streams and expanding asset scale indicates that the protocol’s ecosystem is accelerating, benefiting from continuously rising market demand.
Maple Finance’s Total Assets Under Management (AUM) Data | Source: Dune
Further supporting this positive outlook, data from CryptoQuant shows stable interest from large investors — often called “whales” — as reflected by the average size of SYRUP orders in the spot market, indicating that significant capital is quietly accumulating.
Spot Market Indicators for SYRUP | Source: CryptoQuant
Technical Outlook: Can SYRUP Recover in a Downtrend Channel?
Maple Finance currently trades just above the S1 Pivot level at $0.2497 USD — a short-term support buffer formed after a 31-day decline that saw SYRUP lose about 35% of its value. This movement clearly reflects a downward trajectory within a larger descending channel pattern, established by two parallel trendlines on the daily timeframe.
Conversely, a technical rebound could see SYRUP testing the 50-day Exponential Moving Average (EMA) at $0.3176 USD, before aiming for the 200-day EMA at $0.3666 USD — an area coinciding with the upper boundary of the price channel and serving as a key resistance level.
Daily SYRUP/USDT Chart | Source: TradingView
Technical signals suggest selling pressure is gradually weakening. The RSI currently hovers around 36, remaining above the oversold zone and sideways after a deep decline, implying that selling momentum is no longer overwhelming. Additionally, the MACD line is approaching the signal line as the histogram’s negative side narrows, increasing the likelihood of a bullish crossover — a potential short-term reversal indicator.
However, a negative scenario should still be considered. If SYRUP closes below the $0.2497 USD level, selling pressure could intensify, pushing the price down toward the S2 Pivot at $0.1937 USD.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin, ether, solana slide further as Trump threatens to hit Iran 'extremely hard'
Bitcoin and major cryptocurrencies fell sharply after Trump's address threatened escalated military action against Iran, reversing a previous rally. The ongoing conflict continues to create volatility in the market. Despite historical April gains, optimism is tempered by geopolitical tensions.
CoinDesk4m ago
Trump makes a tough statement to pressure Iran, Bitcoin falls below a key level, and the crypto market is under pressure again
Driven by the impact of Trump’s hardline remarks toward Iran, the crypto market weakened, with Bitcoin and Ethereum falling to $66,609 and $2,056, respectively. Market panic sentiment intensified, and the Fear & Greed Index dropped to 8. War risk pushed energy prices up, suppressing the valuations of risk assets, and in the short term volatility in crypto assets could increase.
GateNews13m ago
Trump’s “Stone Age” speech threatens to seriously hit the market; Bitcoin’s price gives back its gains
U.S. President Trump threatened in a speech to launch even harsher strikes against Iran. The market reacted sharply: Bitcoin and the stock market fell significantly, and oil prices surged. Iran has no intention of backing down and is pushing for legislation on permanent tolls, showing that tensions between the two countries have not eased. The market believes a ceasefire cannot be achieved quickly.
MarketWhisper25m ago
Trump says the Strait of Hormuz will be made “naturally open,” and the market shows disagreement through selling off
Trump expressed optimism in his speech about Iran’s military actions, saying the Strait of Hormuz will be “naturally open,” but he did not provide a specific plan, leading markets to sell off. Iran, in turn, made no concessions and plans to pass legislation to collect transit fees, further increasing uncertainty. The market reaction shows that risk assets underwent broad repricing.
MarketWhisper50m ago
Monad locks in $350 million, and its low fee rate and FDV being halved release a cautious signal
Monad blockchain reached a total value locked (TVL) of $355 million within about four months, setting a record for rapid growth, but its daily transaction fees are less than $3,000, indicating a disconnect between locked capital and real trading activity. At the same time, the fully diluted valuation of the MON token fell from $4.7 billion to about $2.2 billion, reflecting the market’s lack of confidence in its continued ability to attract users.
MarketWhisper1h ago
Pi Network RPC server startup, supply pressure obstructs a technical rebound for PI
Pi Network announced that its testnet remote procedure call (RPC) servers are now live, laying the groundwork for building a smart contract ecosystem. Although this news is seen as a positive, the core team’s selling of more than 21.8 million PI tokens, along with the ongoing supply pressure stemming from user top-ups, has still exerted downside pressure on the market. Technical analysis shows that the support level for the PI token is $0.1736; the future price action needs to be closely watched.
MarketWhisper1h ago
