Latest Euler (EUL) Price Analysis

By CMC AI
01 September 2025 09:07PM (UTC+0)

Why is EUL’s price down today? (01/09/2025)

TLDR

Euler (EUL) fell 3.81% over the last 24h, underperforming the broader crypto market (-1.2%). The decline aligns with profit-taking after recent exchange listings and negative DeFi sector sentiment following a $4.5M CrediX Finance exploit.

  1. Profit-Taking Post-Listing – Traders likely sold EUL after its Coinbase listing (6 Aug) drove a 30% rally.

  2. DeFi Risk Aversion – A $4.5M CrediX Finance hack (8 Aug) reignited fears about protocol security.

  3. Technical Weakness – EUL broke below key moving averages, signaling bearish momentum.

Deep Dive

1. Profit-Taking Post-Listing (Bearish Impact)

Overview: EUL surged 30% on 5 August 2025 after Coinbase announced its listing, peaking at $12.17 before stabilizing near $11.77 (Coinbase Assets). The 24h drop to $9.50 suggests traders are locking in gains amid broader market weakness.

What this means: Exchange listings often trigger short-term volatility as early buyers exit positions. With EUL’s 24h volume up 19.49% to $3.11M, the sell-off reflects classic “buy the rumor, sell the news” behavior.

2. DeFi Risk Aversion (Bearish Impact)

Overview: The $4.5M CrediX Finance exploit (8 Aug) highlighted systemic risks in DeFi, echoing Euler’s own $197M hack in 2023. While Euler wasn’t directly affected, the incident dampened sentiment (CrediX Hack).

What this means: Investors are rotating out of mid-cap DeFi tokens like EUL (-19.11% over 60d) into safer assets, as seen in Bitcoin’s dominance rising to 57.8%.

3. Technical Breakdown (Bearish Impact)

Overview: EUL broke below its 7-day SMA ($9.62) and 30-day EMA ($10.65), with RSI14 at 43.85 (neutral-bearish). The MACD histogram (-0.053) confirms weakening momentum.

What this means: The $9.05 swing low (Fibonacci analysis) is now critical support. A close below this level could trigger further downside toward the 200-day EMA ($9.00).

Conclusion

EUL’s drop reflects profit-taking, sector-wide risk aversion, and technical breakdowns. While its Coinbase listing improved accessibility, DeFi’s lingering security concerns and bearish market sentiment are overriding catalysts. Key watch: Can EUL hold $9.05 support, or will broader crypto fear (CMC Fear & Greed Index: 39) drive new lows?

Why is EUL’s price up today? (31/08/2025)

TLDR

Euler (EUL) rose 7.77% over the past 24h, outpacing the crypto market's -4.92% weekly decline. Here are the main factors:

  1. Bit2Me Listing Boost – Added to Bit2Me Wallet on 19 August, expanding retail access.

  2. EulerSwap Momentum – DEX hit $2B volume on 11 August, reinforcing protocol utility.

  3. Institutional Adoption – zkVerified vaults launched on Avalanche (18 August) for compliant DeFi.

Deep Dive

1. Exchange Listings (Bullish Impact)

Overview:
EUL was added to Bit2Me Wallet’s app and web interface on 19 August, joining five other new assets. This followed its 6 August Coinbase listing, which initially drove a 5.7% price spike (The Daily Hodl).

What this means:
Listings increase liquidity and visibility—Bit2Me serves 500K+ users, while Coinbase’s 110M+ verified accounts create sustained demand. However, trading volume dipped 20% to $2.6M, suggesting initial hype may be cooling.

What to look out for:
EUL’s turnover ratio (0.0129) remains low vs. top 100 coins, indicating room for liquidity growth.

2. Product Growth (Mixed Impact)

Overview:
EulerSwap, its native DEX, surpassed $2B total volume on 11 August. The protocol also deployed zkVerified lending vaults with Keyring Network on 18 August, targeting institutions.

What this means:
Real-world adoption metrics (TVL: $1.5B) support valuation, but EUL’s price (-7.3% weekly) lags product growth. Technicals show bearish divergence—price below 30-day SMA ($10.82) despite RSI at 39.67 (approaching oversold).

3. Market Sentiment Shift (Neutral Impact)

Overview:
EUL’s 24h gain contrasts with Bitcoin (-0.81%) and Ethereum (-1.02%) declines. The Altcoin Season Index rose 58% monthly to 57, signaling capital rotation toward smaller caps.

What this means:
Traders may be pricing in EUL’s DeFi infrastructure bets (modular lending/borrowing) as ETH-based projects regain favor. However, Fear & Greed at 40 (Neutral) suggests limited speculative froth.

Conclusion

EUL’s rally combines strategic exchange listings, measurable protocol growth, and favorable altcoin rotation—though technical resistance near $10.85 (Fibonacci 50% level) could cap short-term upside.

Key watch: Can EulerSwap sustain >$100M daily volume post-incentives to validate its “lending super app” narrative?

CMC AI can make mistakes. Not financial advice.
EUL
EulerEUL
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$9.35

3.93% (1d)