On October 26, Bitso launched Bóvedas, allowing users to earn on-chain yield in USDC and MXNB through vaults curated by Gauntlet on Morpho. The integration opens Morpho’s infrastructure to the millions of users of the Latin American platform and helped drive an 8.6% increase in MORPHO’s price, accompanied by a 25% surge in daily trading volume. Over the same period, Bitcoin and Ethereum fell by around 0.5% over 24 hours. The $2.30 area, previously a demand zone, is now a resistance level likely to limit the short-term rebound; a close above it would be needed to confirm a genuine recovery.
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