$BANK (Lorenzo Protocol) is the governance and utility token of a Bitcoin-focused DeFi platform that turns BTC into yield-bearing, liquid assets via liquid staking (stBTC), wrapped BTC (enzoBTC), and on-chain traded funds (OTFs like USD1+).
Current price: ~$0.045
Market cap: ~$19M
TVL: $518M (5,627 BTC staked)
FDV/TVL ratio: ~0.037x (very low)
Technically: consolidating at $0.044–$0.047 after -83% drop from $0.27 ATH, showing higher lows, RSI exiting oversold, and bullish MACD divergence. Key support $0.042–$0.044, resistance $0.05–$0.053. Short-term bounce likely; strong fundamental asymmetry at current levels.
