MORPHO Historical Price and Return Analysis: Should I buy MORPHO now?

Summary

This article provides a comprehensive review of MORPHO’s historical price movements and market fluctuations since its inception. Combining data from bull and bear market phases, it evaluates the potential returns for investors purchasing 10 MORPHO tokens and answers the key question, “Should I buy MORPHO now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Beginning of Bull Market and Early Market Cycle: Historical Price Review (2024)

MORPHO is a lending protocol on the Ethereum blockchain, serving as an optimizer for lending pools. It can be viewed as a peer-to-peer layer built on top of lending pools like Compound or Aave. According to market records, MORPHO’s initial trading price in early 2024 was approximately $1.00.

Below is the price change during MORPHO’s early bull market phase:

2024 Year

• Opening Price: $1.00
• Closing Price: $3.57
• Highest Price: $3.57
• Lowest Price: $1.00
• Annual Return: 257.16%

An investor purchasing 10 MORPHO tokens in 2024 and selling at year-end could realize a potential profit of $40.1 (based on a 10-token investment return).

Bear Market Adjustment and Mid-term Market Cycle: Profit and Risk Analysis (2025)

In 2025, MORPHO’s price experienced a significant decline, and the market entered a correction phase. Although the highest price during the year reached $3.43, the overall trend was downward.

Potential returns for an investor buying 10 MORPHO tokens in 2025:

• 2025: -$121.31 (compared to the beginning-of-year price of $2.61, with the year-end price dropping to $1.16)

Recent Market Cycle: Should I Buy MORPHO Now? (2026 to Date)

Recently, MORPHO has shown a moderate upward trend, indicating the market may be gradually stabilizing.

2026 (to date)

• Opening Price: $1.30
• Closing Price: $1.40
• Highest Price: $1.40
• Lowest Price: $1.30
• Year-to-date Return: 8.1%

The potential profit for an investor purchasing 10 MORPHO tokens in 2026 is $10.5.

Summary: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing MORPHO’s historical prices and potential returns, we see the asset’s trajectory from a strong rise in 2024 (257.16% return) to a deep correction in 2025 (-55.56% return), and then a slow recovery in 2026 (8.1% return). As an innovator in lending protocols, MORPHO has accumulated over $600 million in deposits, with ongoing key developments such as Morpho-Aave-V3. The market is currently in the early recovery stage, and investors should comprehensively evaluate the project’s fundamentals and market cycle factors to make informed deployment decisions.