Etherfi launches Etherfi cash, Price surges: Should you invest?

Etherfi Cash: The Fundamental Catalyst Behind the Rally

The recent surge in Ether.fi isn’t just a simple technical bounce, but a genuine fundamental trigger. The protocol, positioned as a leader in liquid restaking, has officially launched Etherfi Cash, a crypto-native card Visa deployed on the Scroll Layer 2. This product allows users to spend assets like eETH while continuing to generate yield, creating a concrete bridge between DeFi and everyday payments.

The integration with Apple Pay and Google Pay, combined with a 3% cashback system, brings direct utility to the token and strengthens the protocol’s value proposition. The market immediately priced in this announcement, triggering an impulsive green candle that allowed the price to break out of its consolidation phase. This type of launch often generates a FOMO effect, but the current structure appears supported by more solid flows than mere speculation.

Indeed, the data indicates that the movement doesn’t rely solely on derivatives markets. Spot market activity is progressing alongside the rally, signaling genuine demand. When price rises with increased direct buying rather than simple leverage on Futures, it typically reflects more durable underlying conviction.

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Whales, Key Levels and Next Resistance

On-chain data also reveals notable whale accumulation, reinforcing the bullish dynamic. This behavior is often interpreted as a bullish signal, as major wallets tend to position themselves ahead of structural moves. If this buying pressure persists, it could absorb short-term profit-taking and consolidate a solid foundation under the price.

From a technical perspective, the token is now trading near a strategic resistance level around $0.53. A daily close above this level would open the path toward $0.60, or even $0.64, zones where significant liquidity is concentrated. The transformation of former resistance levels into support will be crucial for validating the continuation of the move.

However, the global context remains crucial. A Bitcoin correction or weakening sentiment could trigger a retracement toward $0.48 to test buyer strength. The central question therefore remains: will volume be sufficient to neutralize sellers and trigger a sustainable bullish trend on ETHFI?

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