$BANK
I’ve been tracking Lorenzo Protocol (BANK) today, and it is finally showing some serious life. It just jumped over 16% to around $0.037, and the volume is spiking alongside the price.
Here is what I’m seeing:
🟢 Why I’m Watching (The Good Stuff)
To me, this move feels supported by actual progress. Lorenzo just launched a new website and dropped a massive 2026 roadmap. The big news is their new BNB+ OTF (On-Chain Traded Fund), which is bringing institutional-grade yield strategies from firms like HashGlobal directly to retail traders.
They are positioning themselves as the "On-chain Investment Bank," focusing on Bitcoin liquidity and RWA (Real World Asset) yields. On the technical side, my charts show a perfect "V-shaped" recovery, with the short-term moving averages (EMA) all lining up in a bullish trend for the first time in a while.
🔴 What Worries Me
But I have to be careful not to FOMO in too hard. The price shot up so fast that the RSI (my "overbought" indicator) is getting quite high. It’s also trading right at the top of the Bollinger Bands, which often acts as a temporary ceiling.
I also noticed some community members are calling this a "relief bounce" after a heavy selling period earlier this month. If it can't break and hold above the $0.038 - $0.041 resistance zone, we might see it cool off back toward the $0.033 support level.
My Plan:
I love the vision of bringing TradFi-style ETFs on-chain, but I’m not buying a vertical candle. I’m going to wait for a small pullback to see if the $0.035 level holds as new support. If it does, and the volume stays high, it could be the start of a much bigger trend reversal.