Curve DAO Explodes 70% in a Week—What’s Fueling CRV’s Run?
In the past week, Curve DAO’s (CRV) price has surged an astonishing 70%, breaking out of a three-month downward trend and clearing the $0.85 resistance level. The sudden and dramatic increase has left many investors wondering what is driving this remarkable run.
First and foremost, the token’s daily transaction count has seen a significant jump in recent days, surpassing the 10,000 mark for the first time since early July. This substantial growth in on-chain activity mirrors CRV’s aggressive price rise, suggesting that increased network participation is fueling its momentum.
Source: cryptopotato.com