SYRUP rose roughly

↗1.7%

over the past 24 hours following the

launch of a new investment product

while the number of active traders increased roughly

↗54%

over the same period.

Trading activity rises with new product

The buyer-to-seller ratio reached 2.79:1 over the past 24 hours, meaning nearly three buyers for every seller, while the new investment product

provides institutional investors with regulated access to the asset.

Revenue sharing model in focus

A recent industry report

highlighted SYRUP's revenue-sharing approach, where holders receive payments from protocol activity, though the token declined roughly

↘45%

year-to-date despite this feature.

Price consolidating after earlier declines

The asset declined roughly

↘40%

over the past month and roughly

↘72%

over the past year, consolidating after earlier price levels while trading volume reached approximately $6.7M over the past 24 hours.