- Metis falls nearly 10% daily, with technical charts signaling both possible recovery and continued downside risk if support breaks.
- Price correction places METIS well below all-time highs, as investor caution persists compared to rival Ethereum Layer-2 solutions.
Metis (METIS) is trading at $13.51, down 9.87% in the last 24 hours. On a weekly scale, it has lost 13.75%, while in the past month the decline reaches 28.7%. Over six months, METIS has fallen 27.5%, and year-to-date, the token is down 68.1%.
Its one-year performance shows a 63.8% drop, leaving the project well below its all-time high of $149.00.
Metis currently holds a market capitalization of $88.57 million, with a daily trading volume of $15.73 million. Circulating supply is 6.56 million METIS, with a maximum supply capped at 10 million.
On the technical front, traders have flagged a bearish head-and-shoulders pattern, while others point to the possibility of a double bottom at triangle support, which could set the stage for recovery if confirmed. Current indicators on TradingView show a neutral summary, with oscillators and moving averages not leaning strongly toward buying or selling signals.
From a development standpoint, Metis has continued to engage its user base through AMAs and upgrades. The most recent Andromeda upgrade in May 2025 and planned activities such as AMAs with the team reflect ongoing efforts to strengthen visibility. Still, the token’s steep price correction indicates investor caution, especially compared to other Layer-2 projects competing in Ethereum scaling.
If METIS holds the current $13–$14 support zone, a short-term rebound toward $16–$18 is possible. However, if selling pressure persists and $13 breaks, the token could slide further to $10–$11 before any recovery attempt.
