MORPHO Historical Price and Return Analysis: Should I Buy MORPHO Now?

Abstract

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 to assess the potential returns for investors purchasing 10 MORPHO tokens. Through detailed historical analysis, this report aims to help both newcomers and long-term investors identify optimal entry points and evaluate growth opportunities while answering the critical question: “Should I buy MORPHO now?”

Bull Market Inception and Early Market Cycle: Historical Price Review (2024 to Present)

MORPHO is a lending protocol on the Ethereum blockchain, functioning as a lending pool optimizer that acts as a peer-to-peer layer above lending pools such as Compound and Aave. According to market data, MORPHO’s initial trading price was approximately $1.0 in 2024, marking the beginning of its market history.

The following reflects MORPHO’s price movements during its early bull market phase:

2024

• Opening Price: $1.0
• Closing Price: $3.57
• Highest Price: $3.57
• Lowest Price: $1.0
• Annual Return: 257.16%

An investor who purchased 10 MORPHO tokens at the early stage in 2024 would have achieved a potential return of $30.1 (based on $3.01 return per token) if sold at peak prices.

Bear Market Adjustment and Medium-Term Market Cycle: Returns and Risk Analysis (2025)

During 2025, MORPHO experienced a significant downturn, reflecting broader market corrections and cyclical pressure in the lending protocol sector.

The following illustrates potential returns for investors who purchased 10 MORPHO tokens during the bear market phase:

2025

• Opening Price: $2.61
• Closing Price: $1.16
• Highest Price: $3.43
• Lowest Price: $0.9082
• Annual Return: -55.56%
• Return on 10 Tokens Purchased: -$131.3

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

In the current market period of 2026, MORPHO has entered a stabilization phase characterized by minimal price movement and consolidation. The market shows cautious sentiment regarding potential recovery prospects.

2026

• Opening Price: $1.3
• Closing Price: $1.3
• Highest Price: $1.31
• Lowest Price: $1.11
• Annual Return: 0.39%

Investors who purchased 10 MORPHO tokens during this stabilization period would have achieved a marginal return of $0.51 (based on 0.051 return per token).

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

MORPHO’s price history from 2024 to 2026 reveals a volatile market cycle, beginning with exceptional bull market gains of 257% in 2024, followed by substantial bear market losses of -55.56% in 2025, and entering a consolidation phase in 2026. The token’s current price point of $1.3 represents a mid-range valuation relative to its all-time high of $3.57, offering investors a re-entry opportunity at significantly reduced levels compared to peak valuations, while continued monitoring of the protocol’s development and adoption metrics remains essential for informed investment decisions.