COMP Surges 27% to $60.14 on Binance Amid SEC DeFi Remarks and $2.77M Volume Spike

Compound (COMP) experienced a significant price increase of 27.33% over the last 24 hours, rising from a 24h open of $47.23 to a current price of $60.14 on Binance. This sharp movement coincided with remarks from the U.S. SEC chairman on DeFi and regulatory openness on June 9–10, 2024, which also saw a notable spike in COMP trading volume to approximately $2.77 million within a 10-minute period, suggesting heightened market activity and positive sentiment in response to regulatory discussions. As of June 10, 2025, COMP is trading at $60.14 with strong volume and has demonstrated both short-term volatility and a robust weekly performance, reflecting increased investor interest amid ongoing analysis of its potential as a leading DeFi protocol.