Maple Finance Price Surges as Smart Money and Whales Accumulate SYRUP Tokens

Maple Finance Sees Modest Gain as Big Players Scoop Up Tokens

Maple Finance’s SYRUP token edged up 1.5% on Friday, bouncing slightly from this week’s low of $0.4912 to settle around $0.5365. It’s not a huge jump, but it’s part of a broader trend—the token has climbed over 520% since its lowest point earlier this year. That’s pushed its total market cap to just shy of $640 million.

What’s interesting here isn’t just the price action. On-chain data from Nansen suggests that so-called “smart money” investors—those with a track record of timing the market well—have been quietly loading up on SYRUP. Over the past week, they’ve bought about $3.13 million worth, making it their most-purchased token in that stretch.

Whales Are Stacking, Exchanges Are Drying Up

Digging deeper into the numbers, the top 100 SYRUP holders increased their stash by 10% in the last seven days. They now hold roughly 1.07 billion tokens. Whale wallets (those with unusually large balances) grew their holdings by 4%, while the number of tokens sitting on exchanges dipped by 1.7%. That last bit might not sound like much, but it hints at fewer people looking to sell—which could tighten supply if demand keeps up.

So why the sudden interest? Part of it could be Maple Finance’s growing footprint in decentralized finance. The total value locked (TVL) in its protocols has ballooned to $2.8 billion, up from $540 million at the start of the year. Loans active on the platform now top $1.2 billion, and the project’s revenue tells an even sharper story: $4 million so far in 2025, already blowing past last year’s full-year total of $2.5 million.

Charts Suggest More Room to Run

Looking at the technical side, SYRUP’s price action has been… let’s call it *dramatic*. Back in February and April, it bottomed out around $0.089, forming what traders call a “double bottom”—a classic reversal pattern. Then in May, it broke through a key resistance level at $0.1930 and just kept going.

Right now, it’s trading above the 50-day moving average, and the Relative Strength Index (RSI) and MACD—two momentum indicators—are both ticking upward. That doesn’t guarantee anything, of course, but it’s got some traders eyeing the next big test: $0.6575, this year’s peak. If it clears that, the chatter is we could see a push toward $1.

Then again, crypto’s never that simple. The gains have been steep, and a pullback wouldn’t exactly be shocking. But for now, the big wallets seem to be betting there’s more upside ahead.