MORPHO coin has jumped over 8% on Monday morning, 30% in the past week, and is now up more than 110% from its lowest point this year. Since hitting its all-time low of $0.6364 on October 10, 2025, the token has climbed over 260%. This most recent positive performance over the past few days is driven by two main factors.
SEC officials are preparing to allow blockchain-based tokenized stock trading, and President Trump announced on May 23 that a peace memorandum with Iran had been “largely negotiated,” which unwound a risk-off move that had pushed Bitcoin price below $75,000. Morpho Crypto was squarely in the path of both.
Trump’s announcement was the main trigger. After he confirmed calls with leaders from Saudi Arabia, the UAE, Qatar, Pakistan, Türkiye, Egypt, Jordan, Bahrain, and Israel’s Prime Minister Netanyahu, Bitcoin (BTC) bounced back to about $77,000, up 1.4% in 24 hours. Investors shifted money into altcoins, with DeFi tokens, including Morpho, receiving the bulk of the inflows.
Hyperliquid (HYPE), the largest DEX for RWA perpetuals, and Ondo Finance (ONDO), a leading tokenized stock issuer, both saw significant moves after the SEC reports.
Morpho (MORPHO), along with Kamino Finance (KMNO) and Fluid (FLUID), provides the lending infrastructure for tokenized assets. MORPHO currently has $11.46 billion in deposits and $3.99 billion in active loans. Its total value locked (TVL) is up 8.8% in the past 30 days, including an 11.9% jump in the last week. Protocol fees have grown 36% month over month, reaching $193.8 million over the past year.
MORPHO Coin Price Nears Key Resistance After Rounded Bottom Breakout
On the four-hour chart, MORPHO price has completed a rounded-bottom reversal. The price hit a low of $1.67, then traded between $1.70 and $1.95 as selling slowed down and volatility dropped. Buyers pushed the price back above $1.90, turning it into support and setting up higher lows.
The Morpho coin price broke through the $2.20 level on strong momentum, confirming the breakout is still in play. The RSI is at 74.05, while the signal line is at 67.01, indicating that momentum remains strong.
MORPHO is now trading around the $2.30 zone, where sellers were active in early May. Today’s range of $2.07 to $2.32 shows the upper limit is already being tested.
MORPHO price prediction hinges on what happens here. A sustained hold above $2.20, with higher lows compressing into resistance, is the setup for a valid continuation. On the downside, a rejection at around $2.30, marked by long upper wicks and a fading RSI, would suggest the breakout was a trap rather than a real move.
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