Bulls could eye a new all-time high, with EUL price currently hitting $11.
Euler (EUL), the native token of the Euler Finance ecosystem, has risen by 27% within the past 24 hours.
This uptick coincides with an explosive increase in trading volume on EulerSwap, the platform’s decentralized exchange, which has recorded a cumulative volume of $230 million in just three weeks despite remaining in beta.
Notably, EUL’s gains see it hover above $11 and bulls could have their sights on a new all-time high (ATH) as the token’s momentum continues to build.
The Euler Finance token has experienced a significant 27% price increase over the last 24 hours, propelling its value to above $11.
Indeed, market data shows the token jumped to an intraday high of $11.05 at the time of writing.
Euler’s price surge has been accompanied by a staggering 236% rise in daily trading volume, which hit $2.65 million to signal fresh market interest and liquidity.
Gains mean that at current levels, EUL is trading just 14% below its previous ATH of $12.97.
The token reached this peak in 2022.
If bulls sustain the upside momentum, Euler could explode past the $12.97 resistance level to behold price discovery mode.
Euler’s upward momentum is tied to heightened activity on EulerSwap, which has demonstrated impressive growth since its launch.
The platform’s ability to handle substantial trading volumes while still in beta has bolstered confidence among investors, with many anticipating a potential breakout to new highs in the near term.
On June 26, 2025, Euler Labs highlighted the success of EulerSwap, noting it had achieved over $230 million in cumulative trading volume in just three weeks.
This came as Euler Labs detailed enhancements to the EulerSwap interface and upcoming features.
“EulerSwap integrates Uniswap v4 directly with Euler lending vaults in order to tackle inefficiencies like idle capital, lack of collateral utility, and costly rebalancing,” it noted.
Notably, Euler’s integration with Arbitrum is key to tapping into an ecosystem boasting rapid adoption in the DeFi market.
As the Euler Super App lands on Arbitrum, users can lend, borrow, and loop multiple tokens, including ARB, USDC and USDT0. Also supported are the wrapped tokens of Ethereum and Bitcoin – WETH, wstETH, weETH and WBTC.
The 27% surge in Euler’s price also aligns with overall bullish sentiment across altcoins, with several small caps rising as investors position amid broader accumulation.
