June 13, 2025
Rocket Pool RPL Crypto Surges 30%: Is the DeFi Coin Revival Here?
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Rocket Pool RPL Crypto Surges 30%: Is the DeFi Coin Revival Here?

Jun 4, 2025

Rocket Pool’s RPL is on the rise, increasing by 30%. The boost in ETH prices has contributed, but the team is also delivering updates in anticipation of the Saturn upgrade. Rocket Pool’s TVL has risen by 43% over the past month. Could RPL exceed $10?

Just yesterday, without any clear catalyst or fundamental reason, UNI, the governing token of the prominent DEX Uniswap, surged past $7 before settling back.

At the same time, leading Decentralized finance tokens such as MKR, the governance crypto token of the Sky Network (previously Maker), enjoyed increases, achieving double-digit growth.

As top Decentralized finance tokens gained value, focus turned to another vital ETH player essential for decentralizing the primary smart contracts platform: Rocket Pool.

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RPL Crypto Climbs 30%

Rocket Pool’s native token, RPL, jumped nearly 30% in just 24 hours, building on earlier gains from June and cementing its status among the top 30 largest Decentralized finance protocols based on total value locked (TVL).

According to Coingecko statistics, RPL appreciated against the dollar, Ethereum, BTC, as well as several of the best cryptocurrencies to purchase.

From a technical standpoint, there is potential for further growth.

With RPL adding almost 30% yesterday, investors are looking at barrier level points around $7 and $10. If this psychological threshold is breached and RPL hits new highs for Q2 2025, there’s a strong likelihood that the token could double to $20 by late H1 2025 or early H2 2025.

Data from DeFiLlama indicates that Rocket Pool ranks as the 26th largest DeFi protocol, overseeing over $1.7 billion in assets on Ethereum. With increasing prices, its TVL saw a 1% rise in 24 hours.

Rocket Pool RPL is surging, adding 30% in 24 hours as TVL is up 43% in one month. With the team building, will RPL break $10?

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The notable increase in inflows over the last month is remarkable, as the Rocket Pool TVL grew by 45%, surpassing most of the top 30 protocols.

Raydium, the DEX facilitating Solana crypto token swaps, recorded a 42% increase in TVL over the month, indicating that traders might be returning to trade some of the best Solana meme coins.

In addition, Morpho, EigenLayer, and Pendle attracted significant inflows, pushing the total DeFi TVL to $113 billion.

Will ETH Maintain Its Momentum?

The interest in Ethereum locking tokens could be a factor behind this revitalization.

Notably, the uptick in Rocket Pool’s TVL coincided with a rise in Ethereum prices in May.

ETH, the second most valuable crypto asset, surged past $2,000, reaching close to $2,800. Although prices have stabilized above $2,400, there are indications that purchasers are accumulating, making a upward movement past $3,000 likely.

On June 3, American institutions invested over $109 million in spot ETH ETF shares, increasing their total investments to surpass $9.8 billion, accounting for approximately 3% of the ETH crypto market cap.

Rocket Pool RPL is surging, adding 30% in 24 hours as TVL is up 43% in one month. With the team building, will RPL break $10?

(Source)

If Ethereum prices continue to climb, Rocket Pool’s TVL is likely to grow, leading to increased buyer interest for RPL. This upward trend could be amplified by positive developments within the ecosystem in recent weeks.

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What Factors are Fueling Rocket Pool’s Demand?

Analysts are keeping a close watch on the development of the Saturn Upgrade.

Leading up to this significant announcement, the team has issued smart contracts for Saturn devnet-3 and is progressing with the Smart Validator stack. Furthermore, developers are preparing devnet-4, which, while simpler, will serve a crucial foundational function in the release slated for late Q3 2025.

The team has also finalized an internal code review for Saturn and is now consulting external distributed database security firms to thoroughly audit the code prior to the upgrade.

Prioritizing safety before deployment is essential as Saturn will introduce scaling capabilities, such as “Megapools,” aimed at improving node throughput and dynamic fee splits to boost platform efficiency and RPL utility.

In addition to Saturn, Rocket Pool updated its Smartnode software in April and May to ensure alignment with Ethereum’s Pectra hard fork. The team dealt with concerns regarding client integration, relay processing, and validator reliability, allowing node operators to keep staking on ETH with minimal interruptions.

The increasing compatibility with other DeFi protocols could also enhance RPL prices. With broader applications for rETH, holders are likely to benefit, promoting further adoption of Rocket Pool.

Following its integration into the Balancer Alliance Program, which enables revenue sharing for rETH/ETH, Rocket Pool also linked with the Ronin Protocol, implementing Chainlink’s CCIP.

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Rocket Pool RPL Up 30%, Ethereum Steady: Are Decentralized finance Tokens Back?

  • RPL has risen by 30%; will the token surpass $10? 
  • Rocket Pool Decentralized finance TVL has increased by over 45% in a month 
  • Developers are rolling out updates in preparation for the Saturn upgrade 
  • ETH locking tokens growth and rising ETH demand are propelling Decentralized finance tokens 

 

The post Rocket Pool RPL Crypto Up 30%: Are Decentralized finance Tokens Back? appeared first on 99Bitcoins.

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