Pendle announced a new Permissioned Markets Pilot to enable compliant institutional access to its yield-trading ecosystem, aiming to launch within two months. This initiative is expected to increase trading volume and revenue, strengthening demand for PENDLE tokens. Additionally, Pendle expanded to Robinhood Chain, broadening its market reach and boosting trading volume by 47% in 24 hours. Despite a large token deposit to Binance raising supply concerns, strong buyer activity supports the price, which recently broke above $2.152 and targets $2.500 next, signaling positive momentum.
Pendle (PENDLE) has rallied 73% over the past 180 days and 12% year-to-date, showing strong bullish momentum. The price recently broke out of an inverse head-and-shoulders pattern, suggesting a potential rise to around $2.30, a 12% gain from current ...
Pendle has launched its first yield-trading market on the newly launched Robinhood Chain, starting with sNET, a staked token of NET native to the chain. This market allows users to separate and trade the principal and future yield of sNET until the m...
