The high trading volume of $TREE confirms strong buying interest. The Fear and Greed Index is neutral, meaning the overall market is not having a strong impact. The Altcoin Season Index has risen by 17.95% over the past 30 days, which may indicate a capital inflow into altcoins, including $TREE
The listing of $TREE as collateral on Binance and the trading pair on Bithumb increase the liquidity and availability of the token. Recent news about the development of the Treehouse infrastructure for fixed income in DeFi may attract investors. DOR and tAssets are gaining popularity, which increases the usage of the TREE token. High turnover (the ratio of trading volume to market capitalization) indicates high activity, which is often accompanied by volatility.
In summary: the price increase of TREE over the last 24 hours is likely due to a combination of factors — recent listings on exchanges (Bithumb), integration on Binance as collateral, a technical rebound from oversold conditions, and positive news about protocol development (growth in TVL, partnerships). The sharp increase in trading volume confirms active market participation, possibly traders are reacting to these updates.