Pendle (PENDLE)

Pendle is the first protocol that enables the trading of tokenized future yield on an AMM system. We aim to give holders of yield-generating assets the opportunity to generate additional yield and to lock in future yield upfront, while offering traders direct exposure to future yield streams, without the need for an underlying collateral.

1. PENDLE Basic Info

2. PENDLE Technical Info

2.1 PENDLE Kline Chart Price

2.2 PENDLE Technical Analysis

Based on the K-line data provided, a short-term bearish trend is anticipated. The price is likely to experience continued downward pressure.

Expect a period of consolidation with potential for further declines in the coming days. The immediate support level appears to be around 2.40. If this level is breached, further declines to 2.30 or even 2.20 are possible.

In the mid-term, a potential rebound is possible if the support at 2.20 is tested and held, but the overall trend remains bearish. It is expected that the price will stay below 2.60 for the coming 1-2 weeks.

The volume data indicates volatility, which might increase the likelihood of price fluctuations, both up and down. Traders should be cautious and be aware of increased market risk.

3. PENDLE News Info

3.1 PENDLE News List

• 20250321
  Coinbase adds ALT, PENDLE and L3 to its coin listing roadmap
  Coinbase Adds ALT, PENDLE, and L3 to Asset Listing Roadmap 📈
• 20250314
  Pendle Co-founder: One of this years goals is to open up to all revenue products 📈
  Pendle launches high-yield fixed-income products on the Sonic public chain: wstkscUSD and sTS currently have APYs exceeding 13% 📈
• 20250310
  A whale is suspected of clearing out 851,000 PENDLEs, with an estimated loss of about $1.958 million 📉
• 20250306
  Pendle Launches Community Launch, a Major Step Towards a Fully Autonomous Permissionless Yield Market 📈

3.2 PENDLE News Analysis

The cryptocurrency Pendle shows strong upward momentum, driven by its core product and upcoming integrations. Coinbase s planned listings of Pendle, alongside ALT and L3, signal growing institutional interest and potential for wider adoption. Despite a single whale selling off a substantial amount of PENDLE, the overall trend suggests positive market sentiment and significant growth. Further product development, particularly the expansion of its yield-generating offerings, is likely to fuel continued expansion. The launch of a community-focused initiative reflects a commitment to user engagement and decentralized growth, which should benefit the long-term viability and market performance of Pendle.