$TRU 🚀 Why Is TrueFi ($TRU) Climbing?: Speculation or Utility?$TRU is one of the names in the DeFi sector making headlines at the moment after witnessing a remarkable surge in trading volumes since the start of an extended period of rebuilding. However, what drives the impressive growth of this token?1. Speculative Trading Volumes Surge 📈One of the first reasons that can be named for explaining why TrueFi is climbing right now is that the trading volume of this token has witnessed an incredible growth by over 2,000%. This is mostly due to the speculations coming from altcoin traders. It shows that even though this is mostly risk-on trading activity, there is still interest in such low-cap tokens.2. Protocol Rebuilding and the DAO 🛠️The previous year was hard for the TrueFi protocol since it faced some problems. Despite that, the development team continues working on its "quiet rebuild" and the major steps taken were:Launched Elara, a new yield distribution protocol for institutional clients.Acquired Cyan for expanding lending services to the NFT sector.Signed agreements with institutions for RWA loans on the blockchain.3. Regulatory Winds ⚖️With the introduction of cryptocurrency legislation in the United StatesDefi lending projects such as Truefi, which employs a KYC system, are now seen as long-term gainers. In case institutional investors flow into DeFi, $TRU will be one of the major gatekeepers for credit.💡Trader’s VerdictAlthough the trend is positive, $TRU is still an extremely volatile token. The Relative Strength Index (RSI) is indicating a bullish divergence, however, for it to continue, the price must stay above the $0.0055 support point. What are your thoughts? Is TRU bound to break its yearly high, or is it just another pump? Leave your views in the comments section below! 👇 #TradingSignals #Truefi #TrendingTopic #cryptouniverseofficial #RWA