The Treehouse (TREE) cryptocurrency project experienced a dramatic surge on August 28th, climbing over 30% to reach near $0.40, following an impressive 114% jump earlier in the week. This surge propelled the decentralized financial platform’s token from $0.03081 to $0.65 before stabilizing. The project is attracting attention from traders, with trading volume soaring 1531%, reaching approximately $612 million and elevating TREE’s market capitalization to $61.7 million according to CoinMarketCap. The momentum behind this move has sparked debate within the trading community: will this surge mark a sustained price rally, or is it a fleeting spike? While TREE currently hovers around $0.40, some traders remain cautious as volume begins to consolidate.