Centrifuge (CFG) has surged over 11% in the past 24 hours, driven by increasing demand despite the SEC's delay in approving tokenized stock trading. The token's daily trading volume, however, fell by 36% to approximately $25 million. Centrifuge's Total Asset Holders rose by 1.7% to 801,499, while Total Stablecoin Holders increased by 1.4% to around 256.61 million.
The platform's Distributed Asset Value grew by 1% to $34.02 billion, and Total Stablecoin Value saw a marginal increase of 0.1% to $305.27 billion. Meanwhile, daily DEX activity reached new highs, with Centrifuge's deSPXA DEX volume surpassing $21.22 million. Despite the SEC's decision delay, CFG aims to reclaim its all-time high of $0.35, supported by a bullish market structure and ascending trendline.
Centrifuge (CFG) Surges 11% Amid Rising Demand, Eyes $0.35 ATH
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