Pendle (PENDLE), a platform specializing in tokenized yield, has been garnering attention in the crypto market. The price of PENDLE has surged, with analysts predicting a brighter future as it eyes a new all-time high. Whales have been accumulating the coin which triggered speculations of a potential price pump. PENDLE offers massive DeFi yields, a reason that might drive its price to $22 as stated in bullish predictions. Riding the wave of crypto market resilience amidst a market panic, Pendle and EOS have shown strong performance and resilience.
Pendle Finance has expanded yield opportunities for Bitcoin holders with new BTC pools. However, Arthur Hayes chose to dump his PENDLE for ATH raising eyebrows. In partnership with UsualMoney, Pendle launched $USUALx further expanding its reach. Amidst other cryptos that gained, Pendle along with Sui Crypto, Uniswap, and Livepeer highlighted its strength. The platform's unique offering, SlisBNB, has further enhanced the Binance Launchpool reward program. Derivative traders stepping in got Pendle price back on track post a dip. Despite a rough week, Pendle recovered well leading the RWA market. Recently, Pendle Finance had to fend off a $27 million Penpie Hack, claiming to have saved $105 million. The entry of crypto VC firm Spartan Capital and integration of PENDLE on BNB Smart Chain by Binance are testaments to the growing interest in Pendle. The platform's user can now profit from real-world assets, inked in the DeFi integration game-changer, 'Penpie'. Despite some downward trends, Pendle has seen massive whale accumulations and institutional buying sprees. This resilience and continuous innovation make it a pertinent part of any investor's crypto portfolio.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Wed, 14 May 2025 19:20:00 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor 4
