Pendle, a decentralized finance (DeFi) protocol, has been making significant waves in the crypto market. There are various predictions about the potential reach of Pendle, ranging from positive growth to new all-time high prices by 2025. Pendle allows the tokenization of yield, which positions it as a leader in the yield market. The ability to speculate on Bitcoin and Ethereum funding rates makes Pendle an interesting investment to many.
Moreover, it has received considerable attention from established investors. Arthur Hayes, for example, accumulated a large number of Pendle coins, leading to a significant surge in the coin's price. The total value locked (TVL) in Pendle's platform hit a record $8.3 billion, validating the growth and potential of Pendle.
The coin saw a significant upswing after being listed on Coinbase and integrating Ethereum Network, exciting the crypto community. However, it should be noted that the coin did not increase in price on OKX Crypto Exchange.
DeFi in Pendle saw massive growth and a drop in certain areas. There was a significant surge in interest from top Crypto VC firm Spartan Capital and Crypto Whale 0x373, among others. Trading volume spikes, integration with other platforms and investments from significant figures suggest that Pendle might be on the path to more success. Yet, the need for continuous innovation and regulatory acceptance makes the road ahead unpredictable.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Wed, 10 Sep 2025 13:30:00 GMT -
Rating 6
- Innovation 7
- Information 9
- Rumor -3
