$TREE has recently achieved a significant milestone, surpassing $500 million in total value locked (TVL), and the question on everyone's mind is whether this indicates a long-term rise or just a short-term pump.

Let's review the key factors:

- Price Movement: The price of TREE rose by more than 30% to $0.60 on August 1, but it declined to $0.53 due to profit-taking. The chart indicates a potential cup and handle pattern, which could push the price to $0.75 if buying strength increases.

- Binance Integration: Binance now accepts TREE tokens as collateral for loans, which may increase demand and liquidity. However, this could also lead to more severe price volatility.