$TRU
TrueFi (TRU) surged 23% in 24 hours due to a technical breakout and bullish regulatory developments for institutional DeFi adoption.
Technical breakout above a long-term trendline with 655% volume spike
U.S. regulatory clarity via CLARITY/GENIUS Acts boosting RWA protocol prospects
Institutional access via German banks and derivatives listings amplifying momentum
Deep Dive
1. Primary catalyst: Technical breakout confirmation
TRU broke a 1.5-year descending trendline on July 21, 2025, closing at $0.0356 (now $0.0375) with a 655% 24h volume surge to $105M. The move:
Followed weeks of higher lows, signaling accumulation
Triggered a bullish MACD crossover above zero (first since March 2025)
Pushed RSI to 69.66, nearing overbought territory but leaving room for continuation
Analyst ZAYK Charts identified $0.070 as a 121% upside target if TRU holds above $0.031-$0.033.
2. Supporting factors: Regulatory tailwinds
The July 14 U.S. House vote on the CLARITY Act (resolving SEC/CFTC jurisdiction) and GENIUS Act (stablecoin standards) directly benefit TrueFi’s institutional lending model:
Enables banks/pension funds to use DeFi rails for compliant RWA tokenization
Legitimizes USD-denominated loans and yield farming
Favors KYC-compliant protocols over anonymous DeFi (TrueFiDAO)
This regulatory shift could accelerate TVL growth, with TRU’s market cap ($49M) still 98% below its 2021 peak.
Conclusion
TRU’s rally combines technical momentum with structural regulatory advantages, though whale dominance (70% supply control) and thin liquidity ($2.12 turnover ratio) warrant caution.
Will the RSI sustain below 70 to avoid overbought pressure, or will institutional inflows override typical retracement patterns?