Chiliz (CHZ) Surges 24% Amid DeFi Upgrade and MEXC Campaign

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Chiliz (CHZ) jumped 24% to $0.0376 on December 20, 2025, as the fear and greed index showed growing bullish sentiment. The DeFi upgrade introduced the Decentral Protocol, allowing football clubs to borrow stablecoins against future media income. MEXC’s CHZ Frenzy campaign, with zero fees and rewards, attracted 140,000 users. Trading volume spiked over 500% to $231.5 million. CHZ is now testing $0.035–$0.037 support in a falling wedge pattern, with $0.050 as a potential target.
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