$TREE
The cryptocurrency TREE has two notable stories. TreeCoin is an environmental project where each token is equivalent to a ton of absorbed carbon, stimulating reforestation through the Polygon blockchain.
However, when people talk about $TREE today, they are more often referring to Treehouse — a decentralized finance (DeFi) protocol launched on July 29, 2025. It aims to create a fixed income market in DeFi using tAssets and Decentralized Offered Rates (DOR). Despite being listed on major exchanges like Binance and Coinbase, the Treehouse token experienced a 46% drop immediately after launch due to mass sell-offs following the airdrop. Nonetheless, the protocol shows strong growth in total value locked (TVL), exceeding $550 million, and strategic partnerships, indicating its long-term potential despite initial volatility.