SYRUP maintains momentum as Maple Finance hits $4 billion in assets under management

SYRUP-1,15%

Maple Finance (SYRUP) is hovering around the $0.2700 USD mark at the time of recording on Friday, as buying pressure persistently protects the S1 Pivot support zone at $0.2497 USD. The steady price maintenance indicates that market sentiment is gradually stabilizing after recent fluctuations.

From an on-chain data perspective, demand for this DeFi protocol remains positive. Total Assets Under Management (AUM) has surpassed $4 billion USD, while revenue continues to hold steady after reaching a record high in January — a sign reinforcing investor confidence in the platform.

On the technical side, SYRUP is signaling a potential recovery as selling pressure appears to weaken, opening room for a new upward move if demand continues to be sustained.

Maple Finance Maintains Revenue, Attracts Whales

Data from Dune Analytics dashboards show that Maple Finance has generated $1.46 million USD in revenue so far this month, after hitting a record high of $2.57 million USD — mostly from lending activities and yield optimization strategies. This trend follows steady monthly growth, after the protocol recorded $2.49 million USD in December.

Monthly Revenue of Maple Finance | Source: Dune Meanwhile, Maple Finance’s total assets under management (AUM) have exceeded $4 billion USD, with lending debt reaching $1.08 billion USD. The combination of stable revenue streams and expanding asset scale indicates that the protocol’s ecosystem is accelerating, benefiting from continuously rising market demand.

Maple Finance’s Total Assets Under Management (AUM) Data | Source: Dune Further supporting this positive outlook, data from CryptoQuant shows stable interest from large investors — often called “whales” — as reflected by the average size of SYRUP orders in the spot market, indicating that significant capital is quietly accumulating.

Spot Market Indicators for SYRUP | Source: CryptoQuant

Technical Outlook: Can SYRUP Recover in a Downtrend Channel?

Maple Finance currently trades just above the S1 Pivot level at $0.2497 USD — a short-term support buffer formed after a 31-day decline that saw SYRUP lose about 35% of its value. This movement clearly reflects a downward trajectory within a larger descending channel pattern, established by two parallel trendlines on the daily timeframe.

Conversely, a technical rebound could see SYRUP testing the 50-day Exponential Moving Average (EMA) at $0.3176 USD, before aiming for the 200-day EMA at $0.3666 USD — an area coinciding with the upper boundary of the price channel and serving as a key resistance level.

Daily SYRUP/USDT Chart | Source: TradingView Technical signals suggest selling pressure is gradually weakening. The RSI currently hovers around 36, remaining above the oversold zone and sideways after a deep decline, implying that selling momentum is no longer overwhelming. Additionally, the MACD line is approaching the signal line as the histogram’s negative side narrows, increasing the likelihood of a bullish crossover — a potential short-term reversal indicator.

However, a negative scenario should still be considered. If SYRUP closes below the $0.2497 USD level, selling pressure could intensify, pushing the price down toward the S2 Pivot at $0.1937 USD.

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