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Home/News Feed/Morpho price jumps 20% after becoming France's first DeFi unicorn, breaking $2 resistance.

MORPHO

Rp37,615

-Rp25 -0.07%

Morpho price jumps 20% after becoming France's first DeFi unicorn, breaking $2 resistance.

Market News

17 Apr 2026

CoinPedia

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Bullish

Morpho's price surged 20% intraday, breaking above the $2 resistance level, following its recognition as France's first DeFi unicorn by the Ministry of Finance. This milestone highlights Morpho as the most valuable French startup per employee, surpassing Mistral AI. The project also integrated with LI.FI Earn, expanding access to its on-chain yield strategies. Technical indicators like CMF, MACD, RSI, and AO suggest early bullish momentum, but the price must hold above $2 to confirm a sustained uptrend amid broader market risks.

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