Introduction to Yearn.finance (YFI)
Yearn.finance emerged as a groundbreaking DeFi protocol on July 18, 2020, quickly gaining traction for its yield-aggregation capabilities. The native token, YFI, operates with a maximum supply of 36,666 tokens, emphasizing decentralized governance and community-driven development. As of the latest data, YFI trades at $5,809.41, reflecting a 1.61% hourly price change.
Historical Price Performance
Key Milestones
- All-Time Low (ATL): $1.00
- All-Time High (ATH): $93,435.42 (May 2021)
Volatility Trends
YFI’s price history showcases significant volatility, typical of DeFi assets. Below is a snapshot of major price movements:
| Period | Price Range | Notable Events |
|---|---|---|
| Q3 2020 | $3,000–$40,000 | Initial surge post-launch |
| Q2 2021 | $30,000–$93,435 | Peak during DeFi boom |
| Q1 2023 | $5,000–$10,000 | Market correction phase |
Critical Price Indicators
Daily Metrics
- Trading Volume: $12.2M (-7.35% change)
- Active Addresses: 157
- Supply on Exchanges: 2.69M YFI (7.35% of circulating supply)
Market Sentiment
- Fear & Greed Index: 66 (Greed)
- Social Volume: -1% (24h change)
Price Action Analysis
Technical Indicators
Moving Averages:
- 50-day MA: $6,200
- 200-day MA: $7,800
- Relative Strength Index (RSI): 52 (Neutral)
On-Chain Data
- Holders: 9 entities (Gini Index: 0.99, indicating high concentration)
- TVL (Total Value Locked): $0.80M
Future Price Predictions (2025–2029)
Optimistic Scenario
- 2025 Average Price: $9,500
- 2025 High: $12,000
Conservative Scenario
- 2025 Low: $4,200
Long-Term Outlook
| Year | Avg. Price | Potential ROI |
|---|---|---|
| 2026 | $11,000 | +89% |
| 2027 | $14,500 | +150% |
| 2028 | $18,000 | +210% |
FAQ Section
1. What drives YFI’s price volatility?
YFI’s price is influenced by DeFi adoption, yield farming trends, and Bitcoin’s market movements. Regulatory shifts and protocol upgrades also play a role.
2. How does supply distribution affect YFI?
With 93% of YFI held off exchanges, long-term holder dominance reduces sell pressure, potentially stabilizing prices.
3. Is YFI a good investment for 2025?
While predictions suggest growth, investors should consider high risk tolerance due to YFI’s volatility and dependency on DeFi’s macroeconomic climate.
Conclusion
Yearn.finance remains a high-risk, high-reward asset within DeFi. Its price action hinges on broader crypto trends, protocol innovations, and holder sentiment. For updated insights, track on-chain metrics and market sentiment indices.
Disclaimer: Predictions are based on historical data and do not guarantee future performance.
### Keywords:
- Yearn.finance
- YFI price
- DeFi yield farming
- Crypto volatility
- Price prediction
- On-chain metrics
- Market sentiment