$MORPHO reached a high of $2.632, or may be influenced by the Polygon community's release of the Polygon PoS Cross-Chain Interaction Liquidity proposal.

Gate.io News: The Polygon community has released the "Polygon PoS Cross-Chain Interaction Liquidity Plan" pre-PIP improvement proposal. The proposal includes discussions on gradually deploying the 1.3 billion stablecoin reserves of the Polygon PoS Portal Cross-Chain Interaction bridge into the planned Liquidity pool. The proposal suggests Morpho Vaults and Markets as the underlying Liquidity protocol, Allez Labs as the system's curator/risk manager, USTB from Superstate, sUSDS from Maker, and stUSD from Angle as RWA and DeFi collateral, with Yearn as the reward program manager.

Gate.io data shows that the price of $MORPHO has risen by 6.84% in the past 24 hours, with a current price of $2.54, a market capitalization of $274.43M, and a 24-hour trading volume of $21.09M.