Ethereum News Update: While Ethereum Declines, DeFi's Mutuum Rises Amid Presale Boom
- Ethereum (ETH) fell below $2,800 on Nov 24, 2025, amid crypto market turmoil driven by rising Japanese bond yields and algorithmic sell-offs. - DeFi project Mutuum Finance (MUTM) raised $18.9M in its presale, with Phase 6 nearing 90% sales at $0.035 per token before a 20% price increase. - Mutuum's dual-lending model and automated interest systems differentiate it, while Ethereum ETFs saw $465M outflows despite institutional Bitcoin/Ethereum deposits. - The project's presale growth remains resilient amid
On November 24, 2025, Ethereum (ETH) dropped below the $2,800 mark, reflecting widespread volatility in the crypto sector triggered by rising Japanese bond yields and algorithm-driven sell pressure
Mutuum Finance, a decentralized platform for lending and borrowing, is at a pivotal stage in its token development. Mutuum’s dual lending structure—integrating both peer-to-contract and peer-to-peer models—seeks to enhance capital utilization, while its automated interest rate system and mtTokens as yield-bearing receipts set it apart from other platforms
The swift uptake of Mutuum is attributed to a blend of targeted incentives and features designed for institutional users. Key achievements, such as the planned Q4 2025 testnet launch for its lending protocol
Recent on-chain movements for Ethereum reveal mixed trends. Major holders have maintained the $2,800 support level
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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