No. 1 DeFi Protocol on Aptos, Echo, Launches Token Generation Event (2 Jul)

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jul 02 2025

ECHO+4.69%

DEFI-4.86%

TOKEN-3.8899999%

Should l Buy ECHO?

Echo Protocol Launches TGE: Echo Protocol, a leading Bitcoin liquid restaking and yield layer on Aptos, has successfully launched its Token Generation Event (TGE), marking a significant milestone in advancing Bitcoin DeFi (BTCfi) within the Aptos ecosystem.
Growth and Support from Aptos LFM Program: With over $878 million in total value locked (TVL) and strong community engagement, Echo's growth has been bolstered by participation in the Aptos Foundation’s LFM program, which provides strategic support for projects preparing for major launches.

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Technical Analysis for ECHO

Technical Sentiment Analysis for Echo Protocol (ECHO) As of , Echo Protocol (ECHO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ECHO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ECHO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Echo Protocol (ECHO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	-0.0191	-0.00907	-0.0000427	0.00998	0.019	0.029	0.0381
Fibonacci	-0.00907	-0.00179	0.0027	0.00998	0.0173	0.0218	0.029

About ECHO

Echo is a Bitcoin liquidity aggregation and yield infrastructure layer designed to address the fragmentation of BTC liquidity across various forms (such as native BTC, BTC LSTs, and wrapped BTC). It simplifies BTC integration into DeFi while maximizing yield through innovative yield solutions Echo's liquidity and aggregation solution enables users to deposit BTC of different standards, receive Echo's unified BTC and can interact with DeFi applications without relying on conventional Bitcoin staking protocols. Echo is seamlessly integrates with all native BTC Layer 2 solutions (Babylon, BSquared, Bitlayer) and supports various BTC liquid staking tokens (PumpBTC, LBTC) and wrapped BTC tokens (wBTC, fBTC). Echo also relies on Proof-of-Reserve to ensure that the BTC assets that are being accepted on Echo's aggregation layer are safe, secure and transparent.Echo LST infrastructure simplifies BTC integration into DeFi, ensuring pricing efficiency, depegging risk prevention, minimized slippage, and maximizing asset utilization for users across decentralized protocols.Echo is also building the first BTCFi hub on Move ecosystem to help users optimize and maximize their Bitcoin yields. Users can stake on Echo's Yield Layer to participate in various yield farming strategy to maximise returns based on the user's risk parameters. Echo provides yield optimization strategies like leveraged liquid staking, lending/borrowing, and eMSTR, which offers leveraged BTC positions without liquidation risk. Echo’s CeDeFi integration, leveraging Ceffu’s secure custody, allows for stable returns and additional yield generation.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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