$TREE $TREE recently hit a major milestone, surpassing $500 million in Total Value Locked (TVL), and the question on everyone's mind is whether this signals a long-term rally or just a short-term pump.

Let's break down the key factors:

- Price Movement: TREE's price surged over 30% to $0.60 on August 1, but pulled back to $0.53 due to profit-taking. The chart indicates a potential cup-and-handle pattern, which could drive the price up to $0.75 if buying momentum picks up.

- Binance Integration: Binance now accepts TREE tokens as collateral for loans, potentially increasing demand and liquidity. However, this may also lead to sharper price swings.

- Airdrop Selling Pressure: A $750,000 airdrop to ETH stakers resulted in a 42% price drop after listing. Further token releases could add selling pressure.