Curve DAO Token priceCRV

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COINOTAG News reported on December 24 that Curve Finance founder Michael Egorov proposed allocating 17.45 million CRV tokens (about $6.2 million) to Swiss Stake AG, Curve’s development arm, to fund ecosystem growth, technical research, and continued advancement of the lending protocol. Funds would back software, infrastructure, and a 25-strong core team. Key objectives include launching Llamalend, enabling on‑chain forex, and refining Curve’s user interface and cross‑chain capabilities. Voting results were divided: 54.46% opposed, 45.54% in favor. Notably, addresses from Yearn Finance and Convex Finance accounted for about 90% of opposing votes. Some community members warned about governance centralization and urged Swiss Stake to disclose past fund use; others proposed a staggered payment approach to limit potential CRV price impact.

BlockBeats News, December 24th, Curve Finance founder Michael Egorov proposed to allocate 17.45 million CRV tokens (about 6.2 million USD) to Curve's development company Swiss Stake AG to support ecosystem development, technical research, and continuous development of the lending protocol. Egorov stated that the funds would be used for software development, infrastructure and security build-out, and to support Swiss Stake AG's core team of around 25 contributors. Planned objectives include: launching and expanding the new lending system Llamalend, developing on-chain forex functionality, and optimizing Curve's user interface and cross-chain capabilities. However, the voting results showed that 54.46% of participants opposed the proposal, while 45.54% expressed support. Voting data revealed that addresses associated with the two major DeFi protocols, Yearn Finance and Convex Finance, held nearly 90% of all opposing votes. Some community members expressed concerns about centralization due to the proposal, questioning whether Curve's governance relies too heavily on a few individuals. Other members suggested that before approving any new funds, Swiss Stake should better explain the past use of funds. Curve community members also believe that significant protocol funds have already been allocated in the past, and further allocations could be made in a "staggered payment" manner to avoid negative impacts on CRV's price.

Curve captured 44% of Ethereum DEX fees as crvUSD and BTC pools fueled renewed demand. Whales add 8% of the CRV supply while exchange balances drop, tightening sell-side liquidity. CRV rebounded from channel support, but significant resistance levels still limit upside momentum. CRV pushed higher on Tuesday as traders took a second look at a token that has spent months grinding lower, weighed down by relentless selling and wavering sentiment. The move wasn’t dramatic, but it was enough to draw attention back to a project whose fundamentals have quietly shifted while the price chart remained stuck in reverse. A mix of stronger fee generation, coordinated whale activity, and a mild shift in technical signals helped fuel the rebound, though the broader trend still leans heavily bearish. Curve’s fee dominance has been the most striking development. Why is CRV’s price up today? Fee Growth Reinforces Curve’s Core Metrics Over the past month, the protocol captured roughly 44% of total fees generated across Ethereum-based DEXs, according to DeFiLlama, a stark jump from around 1.6% a year earlier. That translated to about $15.1 million in revenue before dipping to $9.81 million, putting Curve second only to Uniswap during the period. The jump is largely tied to rising activity in crvUSD pairs and a resurgence in liquidity in Bitcoin-linked pools, both of which have become important pillars of Curve’s ecosystem. Historically, high fee share often signals sticky usage, deeper liquidity, and stronger incentives across governance and staking systems tied to CRV. Source: DefiLlama It also shapes expectations around the token’s value capture in the months ahead. Still, not everyone is convinced the surge can last. Some desks are watching closely to see whether crvUSD demand holds or if the recent spike in Bitcoin pool liquidity fades just as quickly as it arrived. Whales Tighten CRV’s Liquid Supply Whale activity tells its own story. On-chain data shows the top 100 wallets added roughly 8% of CRV’s circulating supply since September, while exchange balances fell about 23%, based on Nansen figures shared on X. Source: X This thinning of liquid supply tends to heighten the impact of any pickup in demand, a dynamic that often exaggerates the magnitude of price swings. The timing of the accumulation, right after a brutal 48% drawdown over 90 days, suggests that some large holders were positioning for value rather than momentum. But there’s a double edge. Concentrated ownership means any reversal by these same wallets could ripple through the market faster than traders expect, especially in a token with already thin spot liquidity. CRV Price Action: Recovery Stalls Under Bearish Pressure Technically, CRV remains stuck inside a five-month descending channel, indicating bearish sentiment persists in the long term. Similarly, both the 20-day and 50-day moving averages sit above the price, near $0.37 and $0.40, keeping pressure on any attempt at a sustainable breakout. However, price has stabilized in the $0.36–$0.33 support range, a zone that has repeatedly absorbed selling pressure. The latest bounce originated close to the middle boundary of the descending channel, suggesting short-term exhaustion among sellers rather than a confirmed trend reversal. Source: TradingView Momentum indicators support this interpretation. The 14-day RSI has rebounded to around 45 after emerging from oversold conditions, signaling improving buying interest but still below the neutral 50 level. This places CRV in a recovery phase rather than a clear bullish regime. For upside continuation, CRV must reclaim the 20-day and 50-day moving averages and push RSI above 50. A decisive breakout above the descending channel would be required to validate a broader reversal. Until then, resistance remains layered between $0.41 and the 23.6% Fibonacci zone, coinciding with the $0.52–$0.59 resistance range. Related: BNB Faces Short-Term Pressure as Long-Term Outlook Stays Strong Curve Sees a Surge in On-Chain Usage On-chain data adds context to the recent price lift. Active addresses jumped from 827 to 1,121 in a single day, marking a notable surge in network participation. Rising active addresses during a base-building phase often reflect renewed user engagement rather than purely speculative trading. Source: CryptoQuant At the same time, the exchange supply ratio has declined to about 0.18 and has trended lower since Dec. 13. Fewer CRV tokens held on exchanges typically signal reduced immediate sell pressure. Source: CryptoQuant This behavior is often associated with accumulation by long-term holders or whales positioning ahead of potential volatility. Together, rising address activity and falling exchange balances suggest improving on-chain health, even as price remains structurally constrained. Disclaimer: The information provided by CryptoTale is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a professional before making any investment decisions. CryptoTale is not liable for any financial losses resulting from the use of the content. Tags Altcoin News Curve Finance