Curve up 20% as its TVL soars in the past month. Will CRVUSD price spike 100X as the U.S. drives stablecoin growth? The immediate objective in the U.S. is to draft laws that properly regulate stablecoins like USDC. Meanwhile, the Best Wallet presale is gaining traction, raising over $11.5 million.
The crypto market remains slightly tepid, with Bitcoin, Ethereum, and top altcoins like XRP and Solana still in the red. Ethereum is the worst performer in the top 10, losing 14% over the past trading week. It is trailing some of the best Solana meme coins in April 2025 at spot rates.
However, amid this downturn, something interesting is unfolding in DeFi. Curve, the world’s largest decentralized exchange (DEX) for stablecoins, is bottoming up, closing above key liquidation levels. It is trailing some of the best Solana meme coins in April 2025 at spot rates.
Fresh data from Coingecko shows that CRV, the governance token, is up 20% in 24 hours.
CRV Price Breaks Higher, Up 50% in One Week
The resurgence in CRV prices has stabilized the Curve total value locked (TVL). According to DeFiLlama, Curve TVL stands at $1.8 billion, up nearly 7% in the past month.
In the past week, CRVUSDT price charts show the token has surged nearly 50%, climbing from approximately $0.40 to $0.60 in a strong upward move, backed by solid trading volume.
(CRVUSDT)
Technical analysis of CRVUSD suggests that if the token closes above $0.60 today with high trading volume surpassing that recorded on April 7, CRV could reclaim $0.80 and potentially push toward $1.33, marking Q4 2024 highs.
On X, one trader noted that CRV is gaining serious traction with a confirmed trendline breakout. If this happens, CRV could break above resistance and push prices higher.
The revival in CRV and TVL coincides with a pause in aggressive U.S. tariff escalation, which has calmed broader market fears. As macro market stress subsides, risk-on assets like CRV and other DeFi tokens are trending higher.
Curve DAO: The Cheapest DeFi Protocol to Borrow From
Beyond market sentiment, the Curve DAO appeal stems from its position as the cheapest protocol for borrowing loans using major altcoins as collateral.
The platform offers a 90% loan-to-value (LTV) ratio. A higher LTV allows borrowers to take out loans closer to the total value of their collateral. However, this comes with risks.
(Source)
A higher LTV increases the risk of liquidation. Even so, any volatility that drives down the price of collateral amplifies liquidation risks, which could introduce systemic risks to the lending platform, in this case, Curve, due to the potential for mass liquidations during market crashes.
Such events could flood the market with sold collateral, triggering a liquidation spiral.
Despite these risks, Curve appears robust in the long term. As the U.S. aims to strengthen the USD global position through stablecoins, adoption will likely grow, drawing investor attention to protocols like Curve and potentially boosting CRV demand.
One optimistic observer suggests this trend could propel CRV to 100X from current levels.
Best Presale Heating Up: Is This the Future of Web3 Infrastructure in 2025?
Meanwhile, savvy investors are eyeing the Best Wallet presale.
Best Wallet is a leading non-custodial wallet competing with MetaMask and Trust Wallet. Its ambitious vision and features set it apart, including plans to build a comprehensive Web3 app with a DEX and an investment portal for BEST token holders to access some of the hottest presales in 2025.
Best Wallet is multichain, supporting over 60 blockchains. It offers a seamless, non-custodial experience where users retain control of their private keys.
The presale has raised over $11.5 million, and once BEST lists on major exchanges, it could outperform CRV.
DISCOVER: 8 Best Meme Coin ICOs & Presales to Invest in 2025
Curve (CRV) Soars 20%, CRVUSD Targets 2024 Highs: DeFi Season In?
- Curve price up 20% in 24 hours and 50% in one week
- Curve is the cheapest place to borrow in DeFi
- Will CRVUSD reclaim 2024 highs and even soar 100X?
- Best Presale raises over $11.5 million
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