Treehouse (TREE) Forms Bullish Cup‑and‑Handle After $500M TVL Milestone — Outlook Toward $0.75
Treehouse TVL topped $500M, triggering a 30% surge in its native token. A classic cup‑and‑handle pattern now suggests a possible rally toward $0.75—if support holds near $0.53.
Treehouse crypto staged a strong comeback on Friday after its ecosystem hit a crucial $500 million milestone for the first time.
- Treehouse crypto price surged and then plunged after its TVL jumped to $500 million.
- The token plunged as the weighted funding rate turned red.
- It has formed a cup-and-handle pattern, pointing to an eventual rebound.
Treehouse (TREE) surged to $0.6068, up 30% from its lowest point this week. It then pared back some of those gains and fell to $0.5317. Its 24-hour volume soared by 53% to $185 million, surpassing its $85 million market cap.
Treehouse total value locked hits $500m
The initial TREE price surge followed continued inflows into the network.
According to DeFi Llama, the total value locked in the Treehouse Protocol crossed the $500 million milestone for the first time. TVL has been in a strong uptrend since bottoming at $175 million in April. It then pulled back slightly to $487 million as the token’s price retraced.
Treehouse is a platform that enables users to earn a fixed income by leveraging the Decentralized Offered Rate, or DOR, which aims to replicate traditional rate-setting mechanisms in the crypto space.
DOR uses a network of panelists who submit forward rate expectations by staking TREE tokens. These rates support hedging, derivatives pricing, and portfolio benchmarking.
Treehouse also offers tAssets, which help users earn a secure and enacted yield while aligning with on-chain interest rates. The protocol currently offers an annual percentage yield of 3.25%.
The TREE token launched this week via a Binance-enabled airdrop and was listed on major exchanges including Coinbase and OKX.
However, like many newly launched tokens, its price declined as airdrop recipients sold their allocations. The token also fell as the weighted funding rate turned negative, indicating that investors expect future prices to be lower than current levels.
Will the Treehouse crypto price rebound?
