TREE Token Soars 81% After Binance Partnership, New NFT Tools, and Bybit Perpetual Listing
TREEUSDT experienced a significant price surge of 81.28% in the last 24 hours on Binance, rising from 0.3039 to 0.5509. This sharp increase is primarily attributed to recent positive developments, including Treehouse’s partnership with Binance to enhance NFT portfolio tracking and risk analysis, the launch of the Decentralized Offered Rate (DOR) system and Treehouse Ethereum Staking Rate (TESR), and the introduction of tAssets like tETH for yield generation. Additional momentum was provided by Bybit’s listing of the TREEUSDT Perpetual Contract with up to 50x leverage and the Treehouse ecosystem reaching a $500 million milestone, which previously led to a notable price rally.
Currently, TREEUSDT is trading at 0.5509 on Binance with a 24-hour volume of 28.26 million TREE (8.61 million USDT), and the circulating supply is approximately 160 million TREE. The asset has shown high volatility, with a 24-hour high of 0.3248 and a low of 0.2893, and remains the most actively traded pair on Binance.