Morpho Soars 4.03% Amid Broader DeFi Rally

Morpho (MORPHO) surged 4.03% in the last 4 hours, but this move is not due to a Morpho-specific event.

Instead, it's part of a broader DeFi and altcoin rally driven by macro and regulatory catalysts, as well as ETF flows and short squeezes.

The DeFi sector has seen significant gains, with TVL jumping 9% in 24 hours to $83B, and DEX volume pushing above $10B.

MORPHO's price movement is likely driven by trader attention and momentum, rather than new fundamental information.