Centrifuge: Can CFG bulls break past $0.18 as TVL hits $1.6B? Examining…

ambcryptoОпубликовано 2026-04-03Обновлено 2026-04-03

Введение

Over the past 24 hours, Centrifuge (CFG) was a top performer among altcoins, surging 12% following its announcement to expand to Base Chain and enable trading of tokenized S&P 500. This move into real-world asset tokenization appears to be a key driver behind the rally. From a technical perspective, CFG's price rebounded from a key Fibonacci retracement zone around $0.14, rallying to a daily high of $0.172. The MACD indicator confirmed a short-term bullish trend shift, though the $0.17 level is acting as resistance. The next major target is $0.1857, a zone that has triggered bearish reversals three times previously. Fundamentally, Centrifuge's ecosystem is experiencing strong growth. Its Total Value Locked (TVL) has increased to $1.6 billion, up from $1.2 billion, supported by four asset classes including treasuries, AAA CLOs, private credit, and now S&P 500. Network revenue also showed positive growth in March compared to February. Additionally, the number of unique addresses and token holders continues to grow steadily, reaching 19,699 and 9,111 respectively. In summary, CFG's price momentum is being driven by both robust network expansion and a favorable technical setup, though it faces a significant resistance test near the $0.18 level.

The past 24 hours have seen altcoins react differently, with the majority of them recording losses. Centrifuge [CFG] was one of the standout performers with a 12% increase, ranking among the top ten daily gainers.

Centrifuge’s announcement to expand to Base Chain, where it allowed the trading of tokenized S&P 500 as a new asset class, drove the rally. Is tokenization the main driver of CFG? Can bulls keep up with the pace?

CFG price bounces off KEY retracement level

The charts clearly showed the current bullish momentum, with CFG rallying from a low of $0.14 to a daily high of $0.172. The altcoin lost its rising trendline support on the 31st of March but seemed to have ended the correction phase.

CFG bounced off the zone between 0.618 and 0.786 Fibonacci Retracement levels. To be specific, the altcoin respected the optimal zone at the 0.75 Fib level but seems to be seeing rejection around $0.17.

Holding through the premium zone, which is above the 0.5 Fib level, the altcoin increases the potential to hit $0.1857. However, this zone has sparked bearish reversals three times as CFG makes the fourth attempt.

Interestingly, bulls are showing strength, though it’s weak. The MACD lines have had a crossover confirming a short-term trend shift in the altcoin’s price action.

That puts $0.1857 as a potential reversal zone unless bulls can gather enough momentum past the resistance. This resistance zone was 18% away from $0.1561, which was a discount area considering the rally that started on the 23rd of March.

Growth in Centrifuge’s TVL, revenue, and holders

As Centrifuge continued to expand its chain, its Total Value Locked (TVL), revenue, and number of holders followed suit.

For instance, its TVL grew to $1.6 billion from $1.2 billion. This trend is continued as the asset classes have increased to four, which include treasuries, AAA CLOs, private credit, and now S&P 500. Treasuries accounted for the largest share of $1.2 billion.

Its revenue showed steady growth even though there was a slight dip since the year started. March recorded higher revenue than February, indicating the growth was back to positive territory.

Dune Analytics recorded a total of 19,699 unique addresses interacting with CFG. Moreover, holders were growing steadily day by day since May 2025.

Only 14 new holders had been added in the past 24 hours, taking the total over time to 9,111.

In summary, CFG prices were mainly driven by the network activity alongside a bullish technical setup.

Final Summary

Centrifuge surges 12% amid Base Chain integration to trade tokenized S&P 500, but CFG faces a key test at $0.18.
Centrifuge’s network activity was thriving, as seen in TVL, revenue, and number of holders.

Связанные с этим вопросы

QWhat was the recent price performance of Centrifuge (CFG) and what drove its rally?

ACentrifuge (CFG) was one of the top ten daily gainers with a 12% increase in the past 24 hours. The rally was driven by its announcement to expand to Base Chain, allowing the trading of tokenized S&P 500 as a new asset class.

QWhat key technical level did CFG's price bounce from, and what is the next potential target?

ACFG's price bounced off the zone between the 0.618 and 0.786 Fibonacci Retracement levels, specifically respecting the 0.75 Fib level. The next potential target is $0.1857, provided bulls can gather enough momentum to break past the current resistance.

QHow has Centrifuge's Total Value Locked (TVL) changed recently, and what are its main asset classes?

ACentrifuge's TVL grew to $1.6 billion from $1.2 billion. Its main asset classes include treasuries (accounting for the largest share of $1.2 billion), AAA CLOs, private credit, and now S&P 500.

QWhat does the data from Dune Analytics show about the number of CFG holders?

ADune Analytics recorded a total of 19,699 unique addresses interacting with CFG. The number of holders has been growing steadily since May 2025, with a total of 9,111 holders over time, adding 14 new holders in the past 24 hours.

QWhat are the main factors driving CFG's price according to the article's summary?

ACFG's price is mainly driven by network activity, such as the expansion to Base Chain and the addition of new asset classes, alongside a bullish technical setup that includes a bounce from key Fibonacci levels.