Bithumb Listing Sends Euler (EUL) Price Surging

  • Euler (EUL) price jumped more than 30% after Bithumb confirmed KRW trading.
  • Euler’s TVL reached $1.52B, underscoring rapid DeFi growth in 2025.
  • Integrations with Coinbase and Pendle have accelerated Euler’s ecosystem momentum.

Bithumb, South Korea’s second-largest cryptocurrency exchange, announced that trading for Euler (EUL) would begin today at 5:00 pm Korean Standard Time.

The announcement triggered a swift price surge: EUL rose over 30% within hours, moving from intraday lows near $9.25 to highs around $13.33.

At press time the token was trading around $13.02, up approximately 30.6% from the previous day.

Euler price chart

Beyond pushing the market price higher, the Bithumb listing sparked a notable surge in trading activity.

Daily trading volumes for EUL jumped almost 292%, reaching $9.58 million, with a large share of the activity concentrated on Asian exchanges.

These spikes in volume and price placed EUL among the day’s top gainers in the global crypto market and drew renewed attention to a project that had already been building momentum through 2025.

Expanding ecosystem and new integrations

The listing coincides with a period of rapid ecosystem expansion for Euler, which has rolled out new products and integrations to broaden use and accessibility.

In early August the token was listed on Coinbase, improving access for U.S. investors and increasing visibility among mainstream retail and institutional users.

Euler also launched EulerEarn, a passive yield product supported by $50,000 in USDC incentives, enhancing on‑chain earning options for users.

The protocol introduced isolated ETH markets on Linea, an Ethereum layer-2 network designed to improve scalability and reduce transaction costs, which helps lower frictions for traders and lenders.

More recently, Euler integrated with Pendle, enabling additional yield strategies and composability that expand decentralized finance users’ options.

Today the project is marking the first anniversary of its V2 upgrade, which included the release of the Euler Vault Kit — a modular toolkit for creating customized lending markets and accelerating product innovation on the protocol.

These steps reflect Euler’s broader effort to solidify its position in the competitive DeFi landscape.

Data from DeFiLlama shows Euler’s total value locked (TVL) climbed sharply, reaching $1.52 billion, a significant increase from roughly $100 million at the start of 2024. This rise indicates growing user adoption and greater capital inflows into the protocol.

Network revenues and fees have also increased substantially this year, growing more than fivefold according to Token Terminal, further underscoring stronger on‑chain activity and monetization.

Euler (EUL) price analysis indicates bullish momentum

From a technical standpoint, Euler’s price action looks bullish in the near term.

The recent surge pushed EUL above the upper Bollinger Band, a sign of strong buying pressure but also a potential signal of short-term overextension.

The Relative Strength Index (RSI) sits around 67, below traditional overbought thresholds, while short- and medium-term moving averages (10, 20, 30 days) are aligned in a bullish formation.

If momentum holds, EUL could test its July peak near $15.81 in the coming weeks. Traders should remain mindful, however, that profit-taking could trigger retracements that drive the token back toward the $10.50–$11.00 range.

Euler Finance network growth

Euler’s market capitalization climbed to roughly $242 million following the rally, with a fully diluted valuation near $353 million.

Despite the gains, the token remains about 20% below its all-time high of $15.81, recorded on July 11.

Market sentiment appears broadly positive, but resistance at current levels could be challenging to overcome in the short term, suggesting traders should weigh upside potential against the risk of near-term pullbacks.