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Home»Altcoins»Pendle Eyes 116% Breakout after the launch of Hyperevm – Except …
Altcoins

Pendle Eyes 116% Breakout after the launch of Hyperevm – Except …

August 9, 2025No Comments
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Main to remember

The price of the pendle increased, followed its hyperevm integration, its record stimulation and its rise in power. However, the Binance whale deposits introduced uncertainty, which makes resistance to $ 7.50 critical for the short -term price department.


At the time of writing the writing moment, Pendle (Pendle) increased by 38% in a week, while the negotiation volume has skyrocketed by 414%, according to CoinmarketCap data.

With more than 90% of the already unlocked offer, the merchants watched on August 11 for the next version of the jet throw – a point that could arouse profits.

Hperevm the start adds a new catalyst

The rally came a day after Pendle announced Ethena (ENA)Launch on Hyperevm, alongside 100 million tickets capped for Susde with 30x SATS.

The pools offered fixed yields of 8.8% and LP yields of 378%, according to the pendle stations on X.

Source: X

Naturally, the announcement positioned pendle more deeply in the fixed yield space, with the integration of pencosystem “just at the corner of the street”.

Can the Penndle price bursts, but can it hold?

On the daily delay, Pendle separated from a symmetrical corner model and finished a retest at $ 3.50. Altcoin had remained between $ 2.50 and $ 7.50 since April 2024.

Initially, it was faced with $ 5 rejection after an escape, but the second tip exploded through this resistance.

With the price now greater than $ 5, continuous momentum could lead to a rally of 116%. However, there was a stumbling block in the $ 7.50 area to reach this target.

Source: X

Alternatively, non-compliance with $ 5 could invalidate this projection. Usually, these price overvoltages are reached with corrections as the markets move in cycles.

Jamps, TVL and Protocol grating

The DEFI profile of Pendle is reinforced in parallel.

After the SEC said that the markup was not a title, the protocols based on yields saw renewed entries.

In addition to that, Pendle launched Boros Arbitrum (ARB)Allowing users to exchange funding rates as well as yield – expand cases of use of tokenization.

About 35.69% of the market capitalization of the pendle, or 307 million dollars, was attached.

The total locked value has reached $ 8 billion, with $ 7.41 billion in Ethereum, promoting the milestone of $ 10 billion.

Source: Defillama

In addition, its DEX volume in the last month was $ 5.15 billion. Its annual costs were around $ 53 million, while its liquidity was $ 25 million.

All of this highlighted the strength, especially now that the development was not security. However, questions have been raised concerning the activities of a portfolio linked to the finance of the pendants.

Whale portfolio arouses concerns for

However, prudence slipped after Spotonchain reported a multi-sigs portfolio linked to the finance of the pendle.

At the time of the press, around 900,000 tokens worth $ 4.65 million was transferred to Binance immediately after the short -term increase in the room.

In fact, this portfolio had mainly accumulated in 2025, with a major transfer of $ 63 million earlier in the year to add liquidity. He still held $ 135.4 million in chips, which means that new sales may have an impact on the momentum.

hanghang

Source: Spotonchain

While the structure of the rupture, hyperevm integration and the expansion of the usefulness of yield promote the continuation of the increase, the activity of the whales suggested that the rally may not be one -way.

If the demand for staggered and new integrations supports, the 116% pendle objective remains on the short -term table.

Previous: 4.5 million dollars of carpets? – Credix disappears while NFTS was ahead of

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