Pendle, a decentralized finance venture that specializes in tokenizing yield, has made significant strides in recent years. Pendle's total value locked (TVL) recently surpassed the
$5 billion milestone, demonstrating an impressive 52% growth within a span of four months. This has been fueled in part by
Bitcoin pools provided by Pendle which have attracted a large number of Bitcoin holders looking for yield opportunities. The addition of
Altcoins PAXG ID GALA ATH PENDLE on exchanges, possibly by whale movements, also point to substantial interest in the platform. Moreover, the excitement surged as Coinbase started trading for ALT, PENDLE & L3 on Ethereum Network. Surprisingly, despite being added to the OKX Crypto Exchange, Pendle has not had a significant price increase. One interesting aspect is the shift from PENDLE to meme coin MOTHER by BitMEX founder Arthur Hayes. Arthur Hayes has also hinted at a major crypto investment move after revealing he unloaded part of his PENDLE position. Bold partnerships with ventures like HyperEVM, impactful ecosystem developments, such as Pendle's monthly airdrop program for vePENDLE holders, and Arca's purchase of 2.183 million PENDLE tokens at $3.8 shows rising DeFi interest. Controversially, after nearly unstaking $10m worth of Pendle, the market is left wondering if it's time to sell. The forecast for Pendle's future is optimistic though, with suggestions of reaching new all-time highs by 2025. However, an apparent team wallet dump causing price stagnation adds a layer of uncertainty.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Wed, 23 Jul 2025 00:44:37 GMT -
Rating -3
- Innovation 5
- Information 7
- Rumor -2
