Centrifuge surges 11% as demand outpaces capital inflow despite SEC delays on tokenized stocks

Centrifuge (CFG) saw an 11% price increase amid growing demand that outpaced capital inflows, with rising numbers of asset and stablecoin holders. Despite the SEC delaying approvals for tokenized stock trading, daily decentralized exchange (DEX) activity hit new highs, particularly on Uniswap. CFG aims to reclaim its all-time high of $0.35 if it holds above key support levels, signaling potential for further gains. The trend suggests increasing integration of tokenized assets into user platforms despite regulatory hurdles.