Pendle (PENDLE), the Ethereum-based DeFi platform cryptocurrency, has seen recent developments that have caught market attention. According to price predictions, PENDLE could reach new all-time highs by 2025. The introduction of new
BTC pools has broadened the yield opportunities for Bitcoin holders, signaling significant potential for growth. Pendle team has reportedly moved over 2 million tokens, amounting to $11 million, to
Binance. Meanwhile, BitMEX founder Arthur Hayes has recently unstaked nearly $10 million worth of Pendle, stirring speculation among investors. However, amid all the buzz, PENDLE and AAVE seem to be offering substantial profits as capital is redirected into DTX exchange presale for better gains. On a concerning note, PENDLE recently faced a 51% pump alert which created market ripple. The coin, however, experienced a surge in trading at the 200-days EMA, a result of significant whale staking. As the market remains optimistic, PENDLE has seen a 20% increase for the day and expected a
50% upswing in prices. However, caution is needed as Arthur Hayes has sold significant PENDLE quantities at a 36% loss. The token's price potentially looks to breaks the major trendline despite offloads. In an interesting turn, Spartan Capital, a crypto VC firm, has invested in Pendle to drive its DeFi growth. Despite the roller coaster, experts believe keeping an eye on Pendle as it makes substantial gains against market volatility is advisable.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Sat, 08 Mar 2025 06:42:00 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -3
