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 identify 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, and can be viewed as a peer-to-peer layer built on top of lending pools like Compound or Aave. According to records, its early trading price was approximately $1.00.

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

2024

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

An investor who bought 10 MORPHO tokens during this early bull phase in 2024, if sold today, could realize a potential return of 5.64 times.

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

During this period, MORPHO’s price experienced a significant decline due to market correction.

Potential returns for an investor purchasing 10 MORPHO tokens during the bear market phase:

• 2025: -10.501 times

2025

• Opening Price: $2.61
• Closing Price: $1.16
• Highest Price: $3.43
• Lowest Price: $0.9082
• Annual Return: -55.56%

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

Recently, MORPHO has shown a moderate upward trend, with the market beginning to focus on its recovery potential.

2026

• Opening Price: $1.30
• Closing Price: $1.56
• Highest Price: $1.56
• Lowest Price: $1.11
• Year-to-Date Return: 20.68%

Potential returns for an investor buying 10 MORPHO tokens during this period:

• 2026 to present: 2.68 times

Conclusion: Bull, Bear, and Investment Timing Analysis

By analyzing MORPHO’s historical prices and potential returns, we see that since its launch in 2024, the project has experienced significant volatility—from an initial strong rise (257.16%) to a deep correction in 2025 (-55.56%), and a moderate rebound in 2026 (20.68%). The project has accumulated over $6 million in deposits and plans to launch Morpho-Aave-V3, indicating ongoing development momentum. When evaluating whether to invest now, investors should consider the market cycle position, project fundamentals, and their personal risk tolerance.