Convex Finance just ripped a +39% move to $2.42, smashing through the $2.00 resistance zone. Technical Setup:
Pattern: Parabolic breakout on the 15m chart Support: Holding strong above MA7 ($2.30) Target: A break above $2.68 opens the road to $3.00+
Why the Pump?
Dominance in the Curve Wars is back in focus. With Convex holding ~53% of veCRV voting power and the new Creator Collective incentives kicking in, whales are accumulating aggressively.
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@Anoma Phase 1 focuses on 'ETH-first' rather than 'ETH-only': Starting from the Ethereum mainnet and major Layer 2s, applications only need to define intents (goals), and the network automatically handles complex cross-chain routing, with the final result seamlessly settled back to Ethereum. Simplifying cross-chain, focusing on intent.
No need to worry about bridging details or cumbersome steps; users only need to express 'What do I want,' and Anoma's intent network will automatically complete matching and settlement. Developers can build directly in the familiar EVM environment, integrating with the Phase 1 protocol adapter without needing to migrate to a new chain, lowering development barriers.
Open-source adapters, accelerating integration The official prototype of the EVM protocol adapter has been open-sourced for developers to test and integrate. This design greatly simplifies...