Crypto Surge Alert: SYRUP, PENDLE, NKN, RAY Tokens Rally in Last 6 Hours
SYRUP +10.43%
SYRUP is the native token of Maple Finance, a decentralized finance (DeFi) protocol focused on institutional credit markets. It has gained significant attention recently due to multiple exchange listings.
#SYRUP saw a remarkable price surge after being listed on major exchanges such as HTX last week, followed by Binance and Bitget this week. The token rebounded strongly from its all-time low of $0.0845 on April 7, 2025, hitting an intraday high of $0.29 on May 6, representing a more than 240% increase within a month. This rally was further supported by a $12 million presale milestone for Maple Finance’s crypto wallet token.
Given the strong exchange support and growing institutional interest in Maple Finance’s credit-focused DeFi platform, SYRUP’s price momentum is likely to continue in the short term. However, investors should watch for potential profit-taking after such rapid gains. A near-term price target could be around $0.30 to $0.35 if bullish sentiment persists.
PENDLE +3.51%
PENDLE is the utility and governance token of Pendle Finance, a protocol that enables trading and hedging of future yield. It plays a central role in the ecosystem by providing staking and governance rights to users.
#PENDLE experienced a notable surge of approximately 30% within 24 hours, coinciding with an increase in Total Value Locked (TVL) on the platform. Despite a recent 3.27% dip over the last day, the overall trend shows renewed investor interest likely driven by growing adoption of Pendle’s yield tokenization model.
The recent spike suggests that PENDLE could see further upside if TVL continues to rise and governance activity intensifies. However, volatility remains high, so a cautious price range estimate would be between $1.50 and $1.80 in the coming weeks.
NKN +3.01%
NKN (New Kind of Network) is a blockchain-based decentralized data transmission network aiming to rebuild open internet infrastructure through incentivized participation.
#NKN’s token swap from ERC-20 to its mainnet has kept investor attention steady, with minor price movements recently around $0.03767. Price predictions from Coincodex suggest a modest rise from approximately $0.0833 to $0.0882 over the next month, reflecting cautious optimism about network growth and adoption.
Given its niche in decentralized networking and steady development progress, NKN is expected to maintain gradual upward momentum but lacks catalysts for sharp rallies currently. A conservative forecast places NKN’s price near $0.04 to $0.045 in the medium term.
RAY +2.57%
Raydium (RAY) is a decentralized exchange (DEX) and automated market maker (AMM) built on Solana, competing with platforms like Uniswap by offering fast transactions and liquidity provision.
#RAY surged recently by 18.6%, fueled by a massive 139% rally earlier this week and new product launches such as ‘LaunchLab,’ which competes with Pump.fun’s AMM offerings. Despite a slight pullback of 4.62% in the last 24 hours, Raydium remains positioned as a key player in Solana-based DeFi.
The combination of innovative features and strong community engagement suggests RAY could continue its upward trajectory if Solana’s ecosystem expands further. Price targets could range between $8 and $10 if bullish trends hold.
