COMP Token Surges 17.65% After SEC Chair’s DeFi Remarks, Trading Volume Hits New Highs

Compound (COMP) experienced a significant 24-hour price increase of 17.65%, rising from 45.78 to 53.86 USDT, primarily driven by heightened trading activity following public comments from the U.S. SEC Chair on DeFi's core values, which drew renewed attention to COMP and other DeFi tokens. This surge aligns with recent positive momentum in the broader DeFi sector and follows a week of notable gains for COMP, supported by increased trading volumes and renewed interest in established lending protocols. As of the latest data, COMP is trading at 53.86 USDT with elevated volume and market capitalization, reflecting strong demand and sustained market interest after recent developments.