Here is the reason for the high price of maple syrup this year

The MAPLE Syrup symbol has achieved well this year, and the increasing flow of its ecological system helped it. The drink has risen in the last five days in a row, and was trading at $ 0.43, its highest point since May 29. He jumped with more than 396 % of its lowest point this year.
Maple financing is a better player in RWA
RWA’s asset industry is one of the best sectors in Crypto, and analysts believe that it has more space for growth in the next few years.
The data indicates that the total assets in the RWA industry have jumped almost 5 % in the last 30 days to more than 23 billion dollars. Also, there are now more than 113,000 RWA asset holders.
Miga’s financing has become one of the best players in the encryption industry. It is at the intersection of decentralized financing (Defi) and RWA.
MAPLE runs the institutional capital market supported by Blockchain. It provides a platform that allows users to invest and earn a return. These funds are offered as loans to the educational institutions.
Data He appears This maple financing has a closed total value of more than $ 1.46 billion. The value of borrowed funds is $ 680 million. These funds are a great growth, given that MAPLE started the year with less than $ 300 million in assets.
Over time, Mins Mabil’s clients borrowed more than $ 7.2 billion and issued more than 400 loans to qualified institutions.
MAPLE Finance has four main funds that users can invest money. It has a high -return return box that provides APY by 8.8 %. This fund is invested in loans that are crossed by Bitcoin, Ethereum and Top Altcoins.
The other box, which provides an annual return of about 6.9 %, is known as the blue chip, and is guaranteed either bitcoin or etherium.
Maple financing also contains Bitcoin’s return with a return between 4 % and 6 %. It also has a drink that pays an annual return of about 5 %.
Why the drink price increased
The price of maple syrup has increased in the past few weeks after it was in many exchanges recently. It is now inserted by companies such as Binance, Bitget and Coinbase.
MAPLE also jumped due to the growing assets on its platform, a sign that it is an increased encryption project.
Moreover, developers continued to partner with some higher names in the encryption industry. Some modern partnerships are with common names like Spark, Pendle and Binance.
MAPLE PRICE also jumped as future open interest increased recently. It had an open interest in excess of $ 41 million, an increase of $ 25 million in late last month.
Predicting the drink price

The four -hour graph shows that the price of a drink was in a strong bull race in the past few months. I moved from a decrease of $ 0.0855 in April to $ 0.4236.
The currency moved over the moving averages of 50-periods and 25 points. The oscillator continued to height, and it is a sign that they are gaining momentum.
Therefore, the currency is likely to continue as the bulls target the main resistance level at $ 0.4693. The step above this level will indicate more gains, and perhaps to the resistance point at $ 0.50.
The publication here is the reason for the high price of maple syrup this year first appeared on Invezz