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CRV rises 10% after defending key support, boosted by stronger network fundamentals.

Protocol Fundamentals
09 Oct 2026
AMBCrypto
View Source
Bullish
CRV rises 10% after defending key support, boosted by stronger network fundamentals.

Curve DAO's token CRV has surged over 10% in the last 24 hours after successfully defending its 20-day EMA support around $0.36. This price recovery is supported by improving on-chain fundamentals, including over $300 million staked, increased active loans to $76.18 million, and rising protocol revenue reaching $158K. These factors indicate growing confidence and usage within the Curve ecosystem, suggesting the rally is driven by genuine network growth rather than speculation. The next resistance level to watch is $0.4156, and if CRV holds above the 20-day EMA, the bullish momentum may continue.

CRV trades at Rp6,130 on Pluang, down 13.96% as of Oct 09, 2026 11:11 WIB, despite the news of a surge in active loans to $76.18 million. The token's market cap stands at Rp9.58 trillion with a 24-hour volume of Rp2.12 trillion, while Pluang order activity shows a strong sell bias at 90%. This contrast highlights differing short-term market sentiment compared to the on-chain growth signals mentioned in the article.

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