Pendle Coin (PENDLE) is increasingly gaining attention in the cryptocurrency market, with its value recently breaking above $5 due to a significant spike in trading volume. PENDLE crypto showed a 25% hike, raising questions on whether PENDLE will hit $10 soon. The total value locked (TVL) in Pendle showed a massive growth to a record $8.3B after its yield-trading platform's debut. By integrating with Avalanche, Pendle has fortified its potential in DeFi yields, offering Bitcoin holders new yield opportunities through BTC pools. Further, Pendle's move on the BNB Chain and anticipated expansion to the Solana ecosystem with Agentic DeFi augments its position in the yield-market segment.
Investment predictions suggest that PENDLE could be a revolutionary opportunity, despite considering it a complex yet rewarding investment. Some predictions envision new all-time high prices for PENDLE by 2025-2030. However, market sentiment wavers, with others suspecting its recent price stall could result in a 66% dive. For high-risk investors, Arthur Hayes, the BitMEX founder, managed to net a tremendous profit from investing in PENDLE tokens. Although, Arthur Hayes recently dumping PENDLE signals a potential price drop ahead.
Notably, Pendle has claimed to save $105 million after a $27 million Penpie hack, indicating its proactive approach towards security. Mapping PENDLE's future also involves considering one controversy arising with Hayes selling his PENDLE. This information indeed frames PENDLE as a potential player in the market with a lot of growth and volatility on the horizon.
PENDLE Coin News Analytics from Wed, 28 Apr 2021 12:31:25 GMT to Sat, 17 Jan 2026 16:05:00 GMT -
Rating -3
- Innovation 4
- Information 6
- Rumor -1
