Maple Finance’s SYRUP token dropped 24% over a week, falling to around $0.19 as of October 19, 2026, despite the protocol’s improving fundamentals. Revenue reached $1.57 million in September, assets under management stood between $4.7 billion and $4.8 billion in Q3 2026, and outstanding loans hit $1.67 billion, up 12% year on year. The token buyback program accelerated, with $314,116 invested on October 9 at an average price of $0.229, now underwater. The token’s decline is attributed to broad altcoin weakness, thin liquidity, and a technical breakdown below key moving averages. SYRUP remains far from its all-time high of $0.65 to $0.92 set in mid-2025, with a current market cap estimated between $220 million and $314 million.
Source: Read the original article
