Architectural Concept Design Collection

  • CONTACT
  • MARKETCAP
  • BLOG
Finances Investing and Crypto News
  • BOOKMARKS
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Reading: Whales lose SYRUP sweet tooth despite Maple Finance’s growth
Share
  • bitcoinBitcoin(BTC)$106,374.98
  • ethereumEthereum(ETH)$2,535.02
  • tetherTether USDt(USDT)$1.00
  • rippleXRP(XRP)$2.29
  • binancecoinBNB(BNB)$653.59
  • solanaSolana(SOL)$154.05
  • usd-coinUSDC(USDC)$1.00
  • dogecoinDogecoin(DOGE)$0.185853
  • tronTRON(TRX)$0.282745
  • cardanoCardano(ADA)$0.67
Finances Investing and Crypto NewsFinances Investing and Crypto News
0
Font ResizerAa
  • Finance
  • Investment
  • Crypto
  • Market
  • News
Search
  • Finance
  • Investment
  • Crypto
    • Bitcoin
    • Blockchain
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Finances Investing and Crypto News > Blog > Market > Whales lose SYRUP sweet tooth despite Maple Finance’s growth
Market

Whales lose SYRUP sweet tooth despite Maple Finance’s growth

admin
Last updated: 08/06/2025 9:38 Chiều
admin
Published 08/06/2025
Share


Contents
Maple Finance nears $1b in active loansSYRUP price technical analysis

Despite Maple Finance’s impressive growth—nearing $1 billion in active loans and expanding its footprint to Solana—the platform’s native token, SYRUP, is showing signs of fatigue.

After a staggering 355% rally from its April lows, the token has stalled, with on-chain data pointing to slowing user adoption and diminished whale interest. While the protocol’s fundamentals appear strong, technical indicators such as a bearish double-top pattern and weakening network activity suggest that SYRUP’s recent momentum may wane.

At last check Sunday, Maple (SYRUP) price was trading at $0.40 — a few points below this month’s high of $0.4637.

On-chain data shows that SYRUP’s network growth has plunged. It moved from 1,085 on May 9 to 37 today. This metric looks at the number of new accounts created each day. 

More data reveals that the daily active addresses have dropped from 285 on May 9 to 422. These numbers mean that the SYRUP token is not growing as it did in May, when it surged.

SYRUP on-chain metrics
SYRUP on-chain metrics | Source: Santiment

Meanwhile, whales are also not buying the coin. Addresses holding between 10 million and 100 million SYRUP tokens now hold about 384 million, down from last week’s high of 395 million. 

Similarly, those holding between 1 million and 10 million tokens hold 228 million tokens, while those with between 100 million and 1 billion tokens have 458 million coins, down from 803 million in March.

Maple Finance whale activity
Maple Finance whale activity | Source: Santiment

Maple Finance nears $1b in active loans

On the positive side, Maple Finance’s network is growing. Active loans jumped to $998 million, meaning that they could hit $1 billion soon.

This is a big increase since these loans stood at $220 million on Jan. 1. It also achieved $2 billion in assets under management.

$2B AUM.

In just 6 months, Maple’s gone from rebuilding, to resurgence, to the leader in onchain asset management.

Here’s to the next $2B and beyond. 🥞 pic.twitter.com/eIQx4XiS8y

— Maple (@maplefinance) June 7, 2025

Maple Finance’s growth may continue after the network expands in Solana (SOL) by leveraging Chainlink’s oracle.

This integration has already started bearing fruit as the amount of syrupUSDC in circulation on Solana jumped by 35 million within the first 24 hours.

SYRUP price technical analysis

SYRUP price
Maple price chart | Source: crypto.news

The eight-hour chart shows that the SYRUP token peaked at $0.4595 in May, forming a double-top pattern with a neckline at $0.3184. A double-top is a common bearish reversal pattern.

Maple Finance’s Relative Strength Index has formed a bearish divergence pattern. As its price rose, this divergence took the form of a downward channel. 

Therefore, the token will likely continue falling as sellers target the neckline at $0.3184, its lowest point on May 31, and 22% below the current level. 



You Might Also Like

What is ‘when lambo’ in crypto? Crypto terms explained

Quant price could surge 47% if it flips one final barrier

$564M in fresh funding, but no home for it? — India’s web3 market is running on pure chaos

Bitcoin consolidates below key resistance as lower timeframe trend develops

Best crypto to buy right now ahead of the bull run

TAGGED:FinancesgrowthloseMaplesweetSYRUPtoothwhales

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article Tether at $515 billion? CEO says that’s ‘bearish,’ talks IPO
Next Article New BTC strategy faces first test
Leave a Comment

Để lại một bình luận Hủy

Email của bạn sẽ không được hiển thị công khai. Các trường bắt buộc được đánh dấu *

Follow US

Find US on Socials
FacebookLike
- Advertisement -
Ad image
Popular News
Zhao dark pool DEX could sink HyperLiquid, says top trader
Emergency Funds: Importance and How to Build One
Debt Management: Strategies to Pay Off Debt Efficiently
Riot Platforms unloads 475 BTC in its biggest single-month Bitcoin sale to date
Revolut partners with Lightspark to add Bitcoin Lightning for UK and EEA users
- Advertisement -
Ad image

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Finances Investing and Crypto News

FICN.net brings you the latest in finance, investment, and crypto. Stay informed with expert insights, market analysis, and beginner guides. Whether you're new or experienced, FICN.net helps you explore opportunities, manage risks, and make smarter financial decisions in a fast-changing world.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad image
© 2024 Finance, Investment, and Crypto News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?