Folks Finance is Lending Fire – Cross-Chain DeFi Revival?
FOLKS, the token for Folks Finance (cross-chain lending protocol), is surging +78% amid renewed DeFi interest and recent TVL growth on chains like Monad ($10M+) and Algorand. The 2026 roadmap includes xChain V2 for broader interoperability and a mobile app with debit-card borrowing (30K+ waitlist).
Volume backs the move, but critically: post-ATH correction from $48+ highs shows volatility, with 74% supply locked risking future dilution. High APYs attract liquidity, yet competition from Aave giants looms. If it holds entry, further upside likely—watch unlocks closely.