Coinbase Adds Support for Morpho, Boosting Its Price
- Coinbase announced support for the DeFi lending protocol Morpho (MORPHO) on Ethereum and Base.
- MORPHO’s price surged from $2.05 to $2.42 following the announcement.
- The asset stabilized at $2.21, marking a 7.9% gain in 24 hours.
- Morpho was launched in 2022 and uses an oracle-agnostic pricing model.
Coinbase’s support for Morpho led to a significant price increase of the digital asset, which peaked at $2.42 before stabilizing at $2.21, reflecting a notable gain within a day.
Source (2.6)https://dailyhodl.com/2025/02/28/coinbase-adds-support-for-defi-lending-protocol-altcoin-built-on-ethereum-and-base/?rand=59076
