$TREE REACHES $500M TVL – SUSTAINED RALLY OR SHORT-TERM SPIKE?
$TREE has crossed the $500M TVL milestone, sparking debate on whether this marks the start of a long-term uptrend or just a temporary pump.
Price Action: On Aug 1,TREE surged +30% above $0.60 before retracing to $0.53 on profit-taking. A forming cup-and-handle pattern could target $0.75 if momentum holds.
Catalysts:
Binance Collateral Listing – Boosts demand & liquidity, but adds volatility.
Airdrop Impact – $750K ETH staker airdrop led to a 42% drop post-listing; upcoming unlocks may add pressure.
Key Watchpoints: Rapid ecosystem growth, upcoming staking features, and community-driven demand could define $TREE’s next move.