Why is STON’s price up today? (19/06/2025)

Question

Accepted Answer

## TLDR  
STON.fi’s 6.36% 24-hour price rise aligns with strategic protocol upgrades and liquidity incentives on the TON network.

1. **USDe stablecoin integration** boosted DeFi utility and staking demand  
2. **800%+ volume spike** signals speculative interest in new yield opportunities  
3. **Technical rebound** from oversold levels amid broader market stabilization

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## Deep Dive  
### 1. Primary catalyst  
The May 31, 2025 integration of Ethena’s USDe stablecoin ([STON.fi](https://coinmarketcap.com/community/articles/683b714b12ec552f81726f3c)) created immediate utility for STON.fi users, enabling:  
- Single-action swaps between TON, USD₮, and USDe  
- Customizable liquidity pools with Ethena points rewards  
- Delta-neutral yield strategies attracting capital

This upgrade coincided with STON’s 24-hour volume surge to $1.02M (+800%), suggesting protocol activity directly influenced trading demand.

### 2. Technical context  
STON shows mixed signals after a 40% monthly decline:  
- **Bullish**: MACD histogram turned positive (+0.0106) for first time since June 12  
- **Caution**: Price ($1.05) remains below 50-day SMA ($1.50) and 200-day SMA ($2.71)  
- **Momentum**: RSI (38–49) exited oversold territory but hasn’t breached neutral 50 level

The bounce from $0.98 support aligns with Fibonacci 23.6% retracement level at $1.58, though upside appears limited without sustained volume.

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## Conclusion  
STON.fi’s rally combines protocol-driven demand and technical mean reversion, though longer-term trends remain bearish. Can TON’s expanding DeFi ecosystem sustain liquidity inflows to counter STON’s 93% annual decline?

Latest STON.fi (STON) Price Analysis

TLDR

Deep Dive

1. Primary catalyst

2. Technical context

Conclusion

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