Latest The Root Network (ROOT) Price Analysis

TLDR The Root Network (ROOT) rose 0.86% in the past 24h, aligning with a broader crypto market gain (+3.25%). Key drivers:

1. RootRewards Cycle 5 incentives – A 2x staking multiplier boosted demand for ROOT.
2. Ecosystem momentum – Partnerships (Candy Digital) and infrastructure upgrades fueled optimism.
3. Technical rebound – Oversold RSI and MACD hint at short-term bullish momentum.

Deep Dive

1. RootRewards Program Expansion (Bullish Impact)

Overview: Cycle 5 of #RootRewards launched on August 1, introducing a 2x multiplier for ROOT staking and new reward mechanisms for SYLO/THINK token holders (The Root Network). The program allocated 90M ROOT to rewards, incentivizing staking and reducing sell pressure.
What this means: Staking demand typically reduces circulating supply, creating upward price pressure. The 2x multiplier likely drove short-term accumulation, especially with ROOT trading 60% below its 200-day SMA ($0.0069).

2. Ecosystem Growth & Partnerships (Mixed Impact)

Overview: Futureverse (ROOT’s parent company) acquired Candy Digital on August 5, expanding its NFT/metaverse footprint. Simultaneously, Girin Wallet added ROOT staking support on August 14, improving accessibility (Girin Wallet).
What this means: Partnerships signal long-term utility but lack immediate catalysts. While ROOT’s daily active addresses doubled in Q3 2025, its price remains -85% below all-time highs, reflecting skepticism about sustained adoption.

3. Technical Indicators Suggest Rebound (Neutral Impact)

Overview: The 24h price rise coincides with an RSI rebound from oversold levels (30-day RSI: 45.55) and a bullish MACD crossover (histogram: +0.000000856). However, ROOT trades below key SMAs ($0.00354).
What this means: Technicals suggest a relief rally, but the 30-day SMA at $0.00354 acts as resistance. A break above this level could signal further upside, while failure may renew selling pressure.

Conclusion

ROOT’s 24h gain reflects a mix of staking incentives and oversold technicals, though macro trends remain bearish (-31% over 60 days). Key watch: Can ROOT hold above its 30-day SMA ($0.00354) to confirm a trend reversal? Monitor staking participation rates and NFT activity post-upgrades.

TLDR
The Root Network (ROOT) fell 8.73% in the past 24h, underperforming the broader crypto market (-0.48%). Key drivers:

1. Technical Breakdown – Price breached critical support levels amid bearish momentum
2. Rewards Cycle Transition – Profit-taking after Cycle 5 RootRewards launched August 1
3. NFT Upgrade Aftermath – Lingering disruption from July 23-24 network maintenance

Deep Dive

1. Technical Breakdown (Bearish Impact)

Overview: ROOT trades at $0.00328, below its 7-day SMA ($0.00353) and pivot point ($0.00339). The RSI-7 at 39.44 shows oversold conditions but no reversal signals yet.

What this means: Breakdown below $0.00339 triggered stop-losses, amplified by low liquidity (turnover ratio 0.235). Fibonacci retracement suggests next support at $0.00342 (78.6% level), but failure to hold could see retest of June lows near $0.0034.

What to watch: Sustained closes above 200-day EMA ($0.00842) remain unlikely without buyer momentum.

2. RootRewards Cycle Transition (Mixed Impact)

Overview: Cycle 5 of RootRewards began August 1 with a 2x RP multiplier for ROOT stakers, following Cycle 4’s 90M ROOT distribution (The Root Network).

What this means: While designed to incentivize holding, the transition likely prompted profit-taking from participants redeeming Cycle 4 rewards. Daily active addresses peaked at 801 during June’s staking launch but haven’t sustained that momentum (CoinMarketCap).

3. NFT Upgrade Disruption (Neutral Impact)

Overview: The July 23-24 mainnet upgrade paused NFT minting/bridging for 24h, temporarily reducing network activity.

What this means: Though operational now, the disruption may have delayed builder activity and associated ROOT burns. Developers are still testing compatibility with the upgraded NFT pallet (The Root Network).

Conclusion

ROOT’s drop reflects technical deterioration and reward-driven sell pressure, compounded by delayed ecosystem activity post-upgrade. While staking incentives aim to stabilize the token, weak market structure leaves it vulnerable to further downside.

Key watch: Can ROOT defend the $0.0034 support level that sparked June’s 175% rally, or will breaking it trigger new capitulation?