Morpho Token Soars 245% Driven by Deposits, Coinbase Integration, and Lending Boom

Morpho token has experienced a remarkable surge in value, soaring over 245% year-to-date. This impressive growth is fueled by substantial deposits reaching $10 billion on the platform’s lending platform, a record $7 billion TVL, and robust Coinbase integration. These developments have contributed to a surge in user activity, including loans exceeding $3.6 billion.