Morpho Token Surges 15% as Real-World Assets Focus Gains Momentum

Morpho's token has seen a significant surge in the past 24 hours, reaching an intraday high of $1.83. This move marks a notable gain for the real-world assets-focused crypto platform, which is trending higher despite broader market weakness.

The uptick can be attributed to growing demand for Morpho's vault products, as well as its expanding presence in the real-world asset (RWA) ecosystem. Institutional investors are increasingly engaging with blockchain-based infrastructure, and Morpho has emerged as a key platform in this segment.

As a result, deposits on the lending network have risen sharply, supported by growing adoption of on-chain payments, tokenized assets, and lending activity. Intraday volumes have increased to over $45 million, further solidifying the bullish sentiment.