- Euler (EUL) price surges over 30% after Bithumb confirms KRW trading
- Euler’s TVL reaches $1.52 billion, marking rapid DeFi growth in 2025
- Integrations with Coinbase and Pendle have helped boost Euler’s ecosystem momentum
Bithumb, South Korea’s second-largest cryptocurrency exchange, announced that trading for Euler (EUL) would begin today at 17:00 KST.
The announcement drove EUL’s price up more than 30% within hours, with intraday volatility pushing the token from a low of $9.25 to a high of $13.33.
The token was trading around $13.02, representing an increase of roughly 30.6% from the previous day.
Beyond affecting the altcoin’s market price, the listing immediately sparked a surge in trading activity.
Daily volume for EUL jumped nearly 292% to $9.58 million, with most trading concentrated on Asian platforms.
This notable market uptick placed EUL among the day’s top gainers across the crypto market, drawing attention to a project that has accumulated momentum throughout 2025.
Expanded ecosystem and new integrations
The listing arrives as Euler continues to expand its ecosystem with new products and integrations.
Earlier in August, the token was listed on Coinbase, improving accessibility for U.S. investors to the protocol.
Euler also launched EulerEarn, a passive yield strategy backed by a $50,000 USDC incentive.
The protocol introduced a dedicated ETH market on Linea, an Ethereum layer-2 network designed to improve scalability and lower transaction costs.
More recently, Euler integrated with Pendle to unlock additional yield opportunities for decentralized finance users.
Today the protocol also celebrated the one-year anniversary of its V2 upgrade, which included the release of the Euler Vault Kit — a modular system for building custom lending markets.
These developments underline the project’s ongoing efforts to strengthen its position in a competitive sector.
According to DeFiLlama data, Euler’s total value locked rose to $3 billion, a rapid increase from just $100 million at the beginning of 2024.
This growth reflects rising user adoption and positions the protocol as one of the more dynamic projects in decentralized finance.
Network revenue and fees collected have also increased more than fivefold this year, per Token Terminal data.
Euler (EUL) price analysis points to bullish momentum
From a technical perspective, Euler’s momentum remains bullish.
The sharp price rise pushed EUL above the upper Bollinger Band, signaling strong market demand alongside potential expansion in volatility.
The relative strength index (RSI) sits near 67, below the overbought threshold, while the 10-, 20- and 30-day moving averages line up in a bullish alignment.
If the current rally continues, EUL could test the July high of $15.81 in the coming weeks.
However, traders should be cautious about profit-taking, which could push the token back toward the $10.50–$11.00 range in the near term.
Growth of the Euler Finance network
The price surge lifted Euler’s market capitalization to roughly $242 million, with a fully diluted valuation near $353 million.
Despite gains, the token remains nearly 20% below its all-time high of $15.81 reached on July 11.
Given current market trends, sentiment remains broadly positive, but resistance at present price levels could prove challenging to break in the short term.