- Euler (EUL) price jumped more than 30% after Bithumb confirmed KRW trading.
- Euler’s TVL reached $1.52 billion, highlighting rapid DeFi growth in 2025.
- Integrations with Coinbase and Pendle strengthened Euler’s ecosystem momentum.
Bithumb, South Korea’s second-largest cryptocurrency exchange, announced that trading for Euler (EUL) would begin today at 17:00 Korea Standard Time.
The announcement pushed EUL’s price up more than 30% within hours, with intraday swings lifting the token from a low of $9.25 to a high of $13.33.
At the time of writing, the token was trading around $13.02, still up more than 30.6% from the previous day.
Beyond the direct impact on market price, the listing also triggered an immediate surge in trading activity.
Daily EUL volumes jumped nearly 292% to $9.58 million, with a significant share of trades occurring on Asian exchanges.
This spike in key market metrics made EUL one of the day’s biggest gainers across global crypto markets and drew attention to a project that has been gaining traction throughout 2025.
Expanding the ecosystem and new integrations
The exchange listing coincides with a period of ecosystem expansion for Euler, which has rolled out new products and integrations.
In early August, the token was listed on Coinbase, simplifying access to the protocol for U.S. investors.
In August, Euler also introduced EulerEarn, a passive yield strategy supported by $50,000 in USDC incentives.
Euler launched isolated ETH markets on Linea, an Ethereum layer-2 network designed to boost scalability and lower transaction costs.
More recently, the protocol integrated with Pendle, providing DeFi users with additional yield-generation opportunities.
Today the protocol also marks the first anniversary of its V2 upgrade, which introduced the Euler Vault Kit: a modular system for building customized lending markets.
These developments underscore the project’s ongoing efforts to solidify its position in a competitive sector.
According to DeFiLlama data, Euler’s total value locked reached $3 billion, a steep rise from just $100 million at the start of 2024.
This growth reflects rapidly increasing user adoption and positions the protocol among the more dynamic projects in decentralized finance.
Token Terminal data shows network revenues and fees have also increased more than fivefold this year.
Euler (EUL) price analysis points to bullish momentum
From a technical perspective, Euler’s momentum remains bullish.
Notably, the sharp price surge pushed EUL above the upper Bollinger Band, signaling strong market demand but also a risk of overextension.
The Relative Strength Index sits at 67, just below overbought levels, while the 10-, 20- and 30-day moving averages remain aligned in a bullish formation.
If the current rally continues, EUL could retest its July high of $15.81 in the coming weeks.
Traders should, however, be cautious about taking profits, which could pull the token back toward the $10.50–$11.00 range in the near term.
Growth of the Euler Finance network
The price rally lifted Euler’s market capitalization to roughly $242 million, with a fully diluted valuation near $353 million.
Despite recent gains, the token still trades nearly 20% below its all-time high of $15.81 reached on July 11.
According to market outlooks, while sentiment remains broadly positive, resistance at the current price level could prove challenging to break in the short term.