The cryptocurrency market experienced a significant shift today as Bithumb, South Korea’s second-largest crypto exchange, announced the listing of Euler (EUL). The announcement led to an explosive increase of over 30% in the token’s value, drawing the attention of traders and investors alike.
Significant Price Surge Following Listing
- Euler (EUL) price skyrocketed by more than 30% as Bithumb confirmed trading in KRW.
- Total Value Locked (TVL) for Euler reached $1.52 billion, reflecting rapid growth in DeFi for 2025.
- Coinbase and Pendle integrations have boosted the dynamic of the Euler ecosystem.
Trading for Euler (EUL) commenced today at 5 PM KST, resulting in a price jump from $9.25 to $13.33 within hours. As of now, the token is valued at approximately $13.02, showing an increase of over 30.6% from the previous day.
This significant price movement not only impacted Euler’s market price but also triggered an immediate surge in trading activity. Daily trading volumes for EUL soared by nearly 292%, hitting $9.58 million, predominantly fueled by transactions on Asian exchanges.
Such key market indicators positioned EUL among the top gainers globally, drawing focus to a project that has been gaining momentum throughout 2025.
Expansion of the Euler Ecosystem
This listing comes at a time when Euler is expanding its ecosystem through new products and integrations. In early August, EUL was listed on Coinbase, enhancing access for American investors.
Additionally, Euler introduced EulerEarn, a passive income strategy backed by $50,000 in USDC incentives. They also launched isolated ETH markets on Linea, a layer 2 Ethereum network aimed at enhancing scalability and reducing transaction costs.
More recently, Euler has integrated with Pendle, unlocking further yield opportunities for decentralized finance users. Furthermore, the protocol is commemorating the first anniversary of its V2 upgrade, which featured the launch of the Euler Vault Kit, a modular system for creating customized lending markets.
These progressions underline the ongoing efforts of the project to solidify its presence within a competitive landscape. According to DeFiLlama, the total value locked in Euler surged to $3 billion, a remarkable increase from $100 million at the beginning of 2024. This growth reflects heightened user adoption, positioning the protocol among the most vibrant projects in the decentralized finance sector.
Revenue and fees generated by the network have also more than quintupled this year, per Token Terminal data.
Positive Price Momentum for Euler (EUL)
From a technical perspective, Euler’s momentum remains bullish. The sharp price increase has pushed EUL above its upper Bollinger band, signaling strong market demand, though it may indicate a potential overextension.
The Relative Strength Index (RSI) currently stands at 67, just below overbought levels, while the 10, 20, and 30-day moving averages align in a bullish pattern.
If the current rally persists, EUL could retest its July peak of $15.81 in the coming weeks. However, traders should be cautious of profit-taking, which may pull the token back to the $10.50 to $11.00 range in the short term.
Network Growth and Market Outlook
The recent price surge has increased Euler’s market capitalization to about $242 million, while its fully diluted valuation stands at approximately $353 million. Despite these gains, the token is still around 20% below its all-time high of $15.81 reached on July 11.
Market sentiment remains strongly positive, although breaking through current resistance levels may prove challenging in the near future.
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