DeFi· ★★· bullish·

DRV jumps 15% after Derive V3 launch, eyes $0.52 breakout

  • —DRV gained 15% to about $0.50, hitting a daily high of $0.523
  • —24-hour trading volume rose more than 6x to roughly $112 million
  • —Derive V3 went live on October 7, replacing the prior blockchain with a rebuilt trading system
  • —Key resistance sits at $0.52–0.53, with support at $0.44 and $0.39
Why it matters: The V3 upgrade's traction will decide whether DRV holds its rally: a break above $0.52 opens further upside, while a drop to $0.44 would signal weakening demand.
Source: AMBCrypto