The price of pSTAKE Finance jumped more than 117% as Bitcoin climbed past $107,000, approaching a new all-time high.
The native token of the liquid staking protocol rallied 117% to reach $0.072, a level last seen in December 2024.
As traders focused on the altcoin, profitable positions translated into upward momentum.
pSTAKE traded near $0.060, reflecting a more than 64% rise over the previous 24 hours.
Why did pSTAKE Finance’s price rise?
pSTAKE Finance’s 117% surge coincided with Bitcoin’s move to $107,000, a rebound that followed a dip to nearly $102,000 amid a volatile start to the week.
That BTC rally lifted several coins with Bitcoin exposure.
As a leading Bitcoin yield and liquid staking protocol, pSTAKE mirrored Bitcoin’s dynamics.
Rising interest in BTC-backed investment products may explain the recovery of pSTAKE Finance’s Bitcoin-focused platform (BTCfi).
The protocol’s ability to let users stake Bitcoin while retaining liquidity fits the current BTCfi narrative, which is amplified by Bitcoin’s bullish momentum.
Integration with major blockchain networks also helped support the token’s growth.
Most recently, the protocol launched the 13th staking season for PSTAKE, which went live on Base on May 20, 2025.
“S13 has $0.0075 cbBTC rewards with 8.5/12.5 million staked tokens at maximum capitalization,” pSTAKE posted on X. “Stake and participate in protocol community activities to earn $cbBTC rewards.”
pSTAKE Finance price outlook
Overall sentiment around pSTAKE is mostly bullish, but technical indicators and market dynamics will determine the near-term path.
The Relative Strength Index (RSI) stands at 91, signaling overbought conditions and implying the possibility of a short-term price correction.
The Moving Average Convergence Divergence (MACD) indicator also supports this view.
While the MACD line remains above the signal line, any bearish break below support levels during selling pressure deserves attention.
pSTAKE chart from TradingView
Given the broader market outlook—especially a rising BTC—pSTAKE could test resistance at $0.10 and possibly $0.20.
If those levels are breached, the next targets would be $0.80 and the previous all-time high of $1.25. Wider DeFi adoption amid strong demand for Bitcoin-based products would be a key catalyst.
However, as the overbought RSI suggests, profit-taking could accelerate a pullback.
Key support levels to watch are around $0.035 and $0.020.