SYRUP Surges 15% as SyrupUSDC Activity Skyrockets

The cryptocurrency market is experiencing significant changes in recent times, and SYRUP is one of the altcoins that are benefiting from this trend. According to recent data, the price of SYRUP has surged by 15% in the past 24 hours, with its stablecoin, syrupUSDC, driving the rally.

The volume of syrupUSDC has doubled to $4.98 billion in just one month, which is a massive growth considering it started expanding into stablecoins in late January 2026. This significant increase in activity is also reflected in the active loans on SYRUP, which grew by 30.5% to around $1.7 billion.

Furthermore, the number of holders of syrupUSDC increased by 4.8%, reaching 6.9K in just a month of launch. The Total Value Locked (TVL) also grew by 21%, reaching $3.2 billion. As a result of this surge in activity, fees and revenue have grown significantly, with both monthly fees and revenue rising by more than 55%.

However, it is worth noting that the trading volume of the native SYRUP token declined by 33% during this time. Nevertheless, if SYRUP breaks past $0.24, it may reach a target area around $0.28-$0.30. The charts suggest that SYRUP has been trading in a descending trend channel since January 12, but the altcoin is approaching the upper resistance of the channel.