Mutuum Finance (MUTM) is capturing significant investor attention as it progresses through its final presale phase, bolstered by the completion of a comprehensive security audit from top-tier firm Halborn. The project, which is developing a lending and borrowing protocol, has successfully integrated all recommendations from the audit and is now preparing for its V1 testnet launch later this year. The protocol will feature liquidity pools, debt tokens (mtTokens), and automated liquidation mechanisms, initially supporting Ethereum (ETH) and Tether (USDT).
Mutuum's presale has raised $19.55 million from over 18,600 holders. Currently in Phase 7, tokens are priced at $0.04, with the next phase set to increase to $0.045. The project has announced a launch price of $0.06, offering potential returns of over 400% for presale participants. Analysts project the token could surge 40x from its launch price, reaching as high as $1.60 by mid-2026. To incentivize community participation, Mutuum runs a 24-hour leaderboard contest, rewarding the top daily buyer with a $500 MUTM bonus.
Meanwhile, Cardano (ADA) is showing technical signs of a potential recovery after a steep decline of over 70% from its previous highs. On-chain activity is rising, with transactions on Cardano DeFi applications reaching a historic monthly high of nearly $200 million, partly driven by the launch of a new token, NIGHT, on its private sidechain. Technical analysis suggests ADA is oversold, potentially setting the stage for a 40% price rebound.
Concurrently, Ethereum (ETH) is attempting to stabilize around $2,921 after a sell-off by large wallets (holding 100,000 to 1,000,000 ETH) briefly pushed its price to $2,800. While long-term holders are accumulating, the network faces near-term pressure. The news highlights a shift in investor focus from established layer-1 networks to emerging DeFi projects like Mutuum Finance that offer audited technology and high-growth potential.
