Pendle coin (PENDLE) has been subject to significant discussion across various news platforms. Considered a good investment by some, several predictions point towards an all time high for the PENDLE coin within the next five years, with the price potentially reclaiming the
$4.5 and
$6 range. Investor interest in PENDLE is further evidenced by burgeoning total value locked (TVL), which hit a record
$8.3 billion following its yield-trading platform debut and grew an extra
$318 million in just 4 days after its Plasma launch.
The PENDLE coin gives traders the chance to speculate on Bitcoin and Ether funding rates, with Bitcoin yields as high as
45% provided in Pendle's pools. Crypto Experts like Arthur Hayes have moved significantly into the coin, with sizable purchases made amidst a positive market sentiment. Other notable events include the approval of Pendle ETP on Swiss Exchange, its introduction into the Coinbase platform, and strategic partnerships with Aethir for the launch of eATH pool. Some criticism exists, though, particularly around Pendle's nuanced workings and slowing usage in recent past.
Despite a temporary dip, the price prediction for PENDLE remains positive, with further adoption and dominance in the yield market. The coin is also positioned towards innovations, tokenizing yield and offering profits from real world assets. However, the platform also faced a serious hacking suspicion along its trajectory.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Wed, 03 Dec 2025 08:00:00 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 2
