MORPHO demand rises with $19.76M seed allocation and $10.24B TVL, bullish traders eye $2.61 price recovery.

MORPHO's demand outlook improved as seed investors received an additional $19.76 million allocation while the token held above the $2 support level for over a month. The protocol's Total Value Locked (TVL) surged to $10.24 billion, boosted by the launch of Arc Mainnet, which integrates Morpho's lending infrastructure into a broader financial ecosystem targeting institutional markets. Top traders on Binance remain bullish with a long/short ratio of 2.28, supporting potential price recovery. If MORPHO breaks above its descending trendline, it could target $2.304 initially, then $2.611, and possibly revisit the August high near $3.

MORPHO trades at Rp38.911 on Pluang, up 5.27% in the last day as of Sep 17, 2026 23:22 WIB. Market cap stands at Rp20.29 trillion with a 24-hour volume of Rp522.92 million. Buy orders dominate at 65%, reflecting steady interest alongside a typical hold time of 17 days.