Big Surge in Pendle’s Price

Pendle, one of the noteworthy altcoins in the crypto market, experienced an impressive increase of about 30% in its price in the last 24 hours. This rise attracted the attention of investors, considering general market conditions. Reasons for Pendle’s Rise Pendle is known as a project that facilitates tokenization and future yield trading. With its recent price increase, it entered the list of the biggest gainers. Experts see the significant increase in locked assets’ total value (TVL) as a major catalyst behind the rise in Pendle’s price. The growth in TVL since the beginning of the year indicates the increasing adoption and usage of Pendle. Pendle’s price increase is particularly associated with its integration with protocols like EtherFi and Renzo, as well as the Ethereum reorganization. The integration of stablecoins like USDe into the Pendle ecosystem also contributes to increasing interest by offering attractive returns for investors. Opinions of Important […]

Big Surge in Pendle’s Price

Pendle, one of the noteworthy altcoins in the crypto market, experienced an impressive increase of about 30% in its price in the last 24 hours. This rise attracted the attention of investors, considering general market conditions.

Reasons for Pendle’s Rise

Pendle is known as a project that facilitates tokenization and future yield trading. With its recent price increase, it entered the list of the biggest gainers. Experts see the significant increase in locked assets’ total value (TVL) as a major catalyst behind the rise in Pendle’s price. The growth in TVL since the beginning of the year indicates the increasing adoption and usage of Pendle.

Pendle’s price increase is particularly associated with its integration with protocols like EtherFi and Renzo, as well as the Ethereum reorganization. The integration of stablecoins like USDe into the Pendle ecosystem also contributes to increasing interest by offering attractive returns for investors.

Opinions of Important Figures on Pendle

The increasing price of Pendle also draws the attention of leading names in the cryptocurrency market. Arthur Hayes, co-founder of BitMEX, praises Pendle as the future of DeFi. This highlights Pendle’s innovative approach and its potential to shape the DeFi sector.

Beneficial Points for Readers

Pendle is an altcoin project focused on tokenization and yield trading.
Its current rapid price increase has garnered significant interest in the market.
The significant increase in the value of locked assets is seen as a catalyst for the price rise.
Integration with protocols and the addition of stablecoins accelerate the project’s adoption.
Support from important figures strengthens Pendle’s reputation in the sector.

According to current data, PENDLE is currently the favorite of investors, experiencing a price increase of 26.73% in the last 24 hours and 101% in the last 30 days.

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