Pendle ($PENDLE) Crypto Forecast: Up 23.4% Today

What is Pendle?

Pendle (PENDLE) is a cryptocurrency token that is part of the broader cryptocurrency market. Today, PENDLE experienced a strong bullish movement amidst market fluctuations.

Why is Pendle going up?

PENDLE crypto is up 23.4% on Aug 8, 2025 11:40

• PENDLE surged due to the overall positive sentiment in the cryptocurrency market following a recent executive order.
• The bullish movement in PENDLE could also be attributed to its resilience compared to other cryptocurrencies like Bitcoin (BTC) which experienced a major sell-off, causing a broader market pullback.
• Investors might have turned to PENDLE as a safe haven or alternative investment option, leading to its double-double gains amidst the market volatility.
• PENDLE's performance showcases its potential for growth and stability in the ever-changing cryptocurrency landscape, making it an attractive choice for traders seeking profitable opportunities.

PENDLE Price Chart

PENDLE Technical Analysis

PENDLE News

Crypto Market Gainers: PENDLE, MNT, AERO flip bullish with double-double gains

The cryptocurrency market is back in the green with the US President Trump signing the Crypto 401k executive order. Pendle (PENDLE), Mantle (MNT), and Aerodrome Finance (AERO) are leading the gains over the last 24 hours.

https://www.fxstreet.com/cryptocurrencies/news/crypto-market-gainers-pendle-mnt-aero-flip-bullish-with-double-double-gains-202508080356

SPX, VIRTUAL, PENDLE lead the fall amid Bitcoin’s third major profit booking

SPX6900 (SPX), Virtuals Protocol (VIRTUAL), and Pendle (PENDLE) are leading the broader cryptocurrency market pullback on Friday, underpinned by a major sell-off move in Bitcoin (BTC).

https://www.fxstreet.com/cryptocurrencies/news/spx-virtual-pendle-lead-the-fall-amid-bitcoins-third-major-profit-booking-202508010345

Trending Today

Sonos Inc. ($SONO) Stock Forecast: Up 5.1% Today

DENTSPLY SIRONA Inc. ($XRAY) Stock Forecast: Down 5.4% Today

Tesla Inc. ($TSLA) Stock Forecast: Up 5.0% Today

Aurora Cannabis Inc. ($ACB) Stock Forecast: Up 5.1% Today

Groupon Inc. ($GRPN) Stock Forecast: Down 6.8% Today

Cytokinetics, Incorporated ($CYTK) Stock Forecast: Down 1.7% Today

Dropbox Inc ($DBX) Stock Forecast: Up 5.8% Today

Akamai Technologies Inc. ($AKAM) Stock Forecast: Down 2.0% Today

Wynn Resorts Limited ($WYNN) Stock Forecast: Down 0.7% Today

Take-Two Interactive Software Inc. ($TTWO) Stock Forecast: Down 1.6% Today

Pendle Price History

09.03.2025 - PENDLE Crypto was up 5.2%

• Pendle (PENDLE) experienced a notable 10% bullish movement today, surpassing major coins in the market.
• Optimistic long-term price forecasts for PENDLE may have triggered investor interest, leading to increased demand and the positive price action.
• Pendle's distinct DeFi offerings and growth potential likely played a role in its impressive surge amidst the stable market conditions.
• The contrast between Pendle's bullish momentum and Ethereum's subdued performance suggests a shift in investor allocations towards assets such as PENDLE with promising future prospects.

09.03.2025 - PENDLE Crypto was up 5.9%

• PENDLE surged by 10% today, outperforming major cryptocurrencies in the market.
• Bullish predictions of PENDLE reaching $22 emerged due to the excitement surrounding massive DeFi yields.
• Despite external factors like global economic news affecting other cryptocurrencies, PENDLE managed to maintain its bullish momentum.
• The DeFi sector's potential for high yields likely contributed to investors' optimism and the positive price action of PENDLE.

01.07.2025 - PENDLE Crypto was down 9.1%

• PENDLE's bearish movement can be attributed to the major sell-off in Bitcoin, which is considered the bellwether of the cryptocurrency market.
• The profit booking in Bitcoin seems to have triggered a domino effect, leading to a broader market pullback affecting tokens like PENDLE.
• Investors might have panicked and started selling off their positions in PENDLE due to the overall negative sentiment in the cryptocurrency market caused by Bitcoin's sell-off.
• Traders should closely monitor Bitcoin's movements as it continues to have a significant impact on the direction of other cryptocurrencies like PENDLE.

04.03.2025 - PENDLE Crypto was up 10.6%

• PENDLE's noteworthy 10% surge surpassing major coins reflects a growing interest and confidence among investors in its DeFi offerings.
• Positive forecasts envision PENDLE reaching $22, buoyed by the prevalent DeFi trend and potential high returns in the market.
• The 8% price increase in PENDLE appears to stem from substantial accumulation by large holders, underscoring robust institutional backing for the token.
• Despite the market's overall stability, PENDLE's outstanding performance underscores its distinctive value proposition in the DeFi sector, drawing attention from retail and institutional investors alike.

16.04.2025 - PENDLE Crypto was up 6.3%

• PENDLE's value surged by 15%, reflecting strong investor accumulation and demonstrating increasing interest and confidence in the token.
• The token's goal to surpass the $5 mark signals positive sentiment and the potential for further price increases.
• The optimistic market outlook towards cryptocurrencies, combined with PENDLE's distinct DeFi services, probably influenced the bullish uptrend.

08.07.2025 - PENDLE Crypto was up 23.4%

• PENDLE surged due to the overall positive sentiment in the cryptocurrency market following a recent executive order.
• The bullish movement in PENDLE could also be attributed to its resilience compared to other cryptocurrencies like Bitcoin (BTC) which experienced a major sell-off, causing a broader market pullback.
• Investors might have turned to PENDLE as a safe haven or alternative investment option, leading to its double-double gains amidst the market volatility.
• PENDLE's performance showcases its potential for growth and stability in the ever-changing cryptocurrency landscape, making it an attractive choice for traders seeking profitable opportunities.

02.03.2025 - PENDLE Crypto was up 8.1%

• PENDLE's price surged by 8% today, driven by a significant accumulation by large investors, known as whales, indicating growing interest and confidence in the token.
• Bullish predictions of PENDLE reaching $22 have emerged amidst the current DeFi frenzy and the attractive yields offered by such platforms, fueling investor optimism and driving up demand for the token.
• The rebound of major cryptocurrencies like Bitcoin, XRP, and Dogecoin, coupled with the lagging performance of Ethereum, may have redirected investor attention towards alternative tokens like PENDLE, contributing to its bullish movement.
• The rise of three Ethereum-based altcoins following a Coinbase announcement could have also positively influenced sentiment towards DeFi tokens like PENDLE, as the overall market sentiment towards DeFi projects remains positive.

10.03.2025 - PENDLE Crypto was up 5.3%

• The positive sentiment surrounding the cryptocurrency market as a whole could be driving the bullish movement of PENDLE, with investors seeking higher returns in altcoins.
• The anticipation of potential price increases in the future might have attracted more investors to buy PENDLE, driving up its value.
• The unique DeFi offerings of PENDLE and the market's appetite for innovative projects in the crypto space could explain its outperformance compared to major coins.
• Speculation on institutional interest in the asset, fueled by mentions of possible influences from large entities, could also be contributing to the bullish movement of PENDLE.

20.04.2025 - PENDLE Crypto was up 8.2%

• PENDLE's 15% increase is likely due to significant accumulation by optimistic investors who see potential in its DeFi offerings.
• The token's push towards $5 signifies a growing confidence and interest in PENDLE's distinct advantages and functionality.
• Amid challenges faced by prominent cryptocurrencies such as Ethereum, XRP, and Dogecoin, PENDLE's upwards momentum indicates a preference among investors for alternative opportunities in the crypto sphere, leading to its positive movement.

27.04.2025 - PENDLE Crypto was up 5.3%

• PENDLE experienced a strong bullish movement today amidst the overall market volatility.
• Analysts predicting massive gains for altcoins could have sparked increased interest and investment in PENDLE.
• The struggle of major cryptocurrencies like Ethereum, XRP, and Dogecoin might have led investors to seek opportunities in alternative tokens like PENDLE, contributing to its bullish movement.
• The positive sentiment towards altcoins in the market, as indicated by the analysts' predictions, could have further boosted PENDLE's performance today.

04.03.2025 - PENDLE Crypto was up 9.2%

• Pendle (PENDLE) experienced a strong bullish movement today, outperforming major cryptocurrencies like Bitcoin, XRP, and Dogecoin.
• The bullish rally in PENDLE can be attributed to optimistic predictions of reaching $22 amidst the current high yields in the DeFi sector.
• The price surge of PENDLE was further fueled by significant accumulation by large investors, indicating growing interest and confidence in the token.
• While Ethereum lagged behind in the market movement, PENDLE's performance showcased resilience and potential for further gains in the DeFi market.

17.05.2025 - PENDLE Crypto was up 6.0%

• PENDLE surged strongly alongside other DeFi tokens like AERO and UNI, reflecting a broader rally within the DeFi space.
• Bitcoin's resurgence above $107,000 was a key driver behind this rally, instilling confidence in the crypto market.
• The favorable outlook towards DeFi assets including PENDLE may stem from the increasing enthusiasm surrounding decentralized finance projects and their potential for reshaping the financial industry through innovation.
• The bullish upswing witnessed in PENDLE today mirrors the rising positivity and momentum within the cryptocurrency sphere, particularly in the DeFi sector.