Exclusive: 5 Shocking Signs Maple Finance’s Syrup Token Is Losing Steam
Despite $1 Billion in Active Loans, Syrup Token Shows Signs of Fatigue – Here’s What’s Happening
Maple Finance has been making headlines with its impressive growth, recently nearing $1 billion in active loans and expanding its presence on Solana. However, its native token, Syrup, is showing signs of slowing down. After a jaw-dropping 355% rally from its April lows, the token has stalled, and on-chain data suggests a decline in user activity and whale interest.
At the time of writing, Syrup is trading at $0.40, slightly below its monthly high of $0.4637. But the real story lies in the numbers. Daily new accounts have plummeted from 1,085 in May to just 37 today. Similarly, daily active addresses dropped from 285 to 422 over the same period. These metrics indicate that the token’s growth momentum is waning.
“$2B AUM. In just 6 months, Maple has moved from recovery to revival to a leader in on-chain asset management. Here’s to the next $2 billion and beyond.” – Maple Finance, June 7, 2025
Whale activity is also declining. Addresses holding 10 to 100 million Syrup tokens now hold 384 million tokens, down from 395 million last week. Similarly, those with 1 to 10 million tokens hold 228 million, while addresses with 100 to 1 billion tokens hold 458 million, a significant drop from 803 million in March.
Maple Finance’s Growth: A Silver Lining?
On the brighter side, Maple Finance continues to grow. Active loans have surged to $998 million, up from $220 million at the start of the year. The platform has also reached $2 billion in assets under management (AUM). This growth is partly fueled by its expansion onto Solana, leveraging Chainlink’s oracle technology. In just 24 hours after integration, the amount of Syrup in circulation on Solana jumped by 35 million.
Technical Analysis: Bearish Signals for Syrup Token
An 8-hour chart reveals that the Syrup token peaked at $0.4595 in May, forming a double-top pattern with a neckline at $0.3184. This is a classic bearish signal. Additionally, the Maple Finance Index shows a bearish divergence, with the price forming a descending channel. This suggests the token could drop further, potentially testing the neckline at $0.3184, which is 22% below its current price.
While the fundamentals of Maple Finance remain strong, the technical indicators for its native token are concerning. Investors should keep a close eye on these developments.
What’s Next for Maple Finance and Syrup?
The future of Maple Finance looks promising, with its expanding ecosystem and growing loan portfolio. However, the Syrup token’s performance raises questions. Will it regain its momentum, or is this the start of a prolonged downturn? Only time will tell.
What do you think? Is this a temporary dip or a sign of deeper issues? Share your thoughts in the comments below!
FAQ
1. What is Maple Finance?
Maple Finance is a decentralized finance (DeFi) platform offering institutional-grade lending and borrowing services.
2. What is the Syrup token?
Syrup is the native token of the Maple Finance platform, used for governance and staking.
3. Why is Syrup’s price dropping?
On-chain data shows declining user activity and reduced whale interest, coupled with bearish technical indicators.
4. How has Maple Finance grown recently?
Active loans have surged to $998 million, and the platform has expanded onto Solana, boosting its ecosystem.
5. Should I invest in Syrup now?
While Maple Finance’s fundamentals are strong, Syrup’s technical indicators suggest caution. Always do your own research before investing.
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