Pendle (PENDLE), a
Decentralized Finance (DeFi) platform operating in the yield tokenization sector, is attracting significant attention from the
crypto community. The coin has seen its price surge amid optimistic predictions and steps towards future developments. There's talk of Pendle reaching
new all-time highs as early as 2025, with derivative traders stepping in to get the price back on track and suggestions of a
50% upside rally. Pendle provides yield opportunities, especially for
Bitcoin holders through new BTC pools, and the platform's ongoing
expansion is opening additional earning potential for users. Interestingly,
Arthur Hayes, BitMEX founder, has moved a significant portion of his Pendle holdings, sparking speculations. However, amid the controversies, Pendle has made headway with the integration on the BNB Smart Chain and is approaching
$1 billion in Total Value Locked. Despite facing few hacking incidents, the platform claims to have saved $105 million. Also, many believe that the Pendle price is gearing up for a 'liftoff,' particularly as it recently hit a new all-time high and with whale accumulations suggesting a price pump. Users can profit from
real-world assets as well, and there are some profitable pools available. Major investments by
Spartan Capital and
Binance Labs have driven DeFi growth, demonstrating the faith in Pendle's potential.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Tue, 25 Feb 2025 19:45:00 GMT -
Rating 8
- Innovation 6
- Information 5
- Rumor 6
