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The Pendle token has caught the attention of the market with the network's unique ability to bring native crypto protocols to the DeFi. Recently, the Pendle price successfully claimed the 63rd spot in the list of top 100 cryptocurrencies by market cap with a valuation of over $1.55 Billion.
Each of these coins or tokens have unique strengths that make them some of the best cryptos to buy this April.
Bitcoin halving anticipated between April 17 and 21, is spreading excitement in the crypto market and keeping investors on the edge. Expectations are galore, calling for rebalancing and redistribution of crypto to buy portfolios ahead of what could be the biggest bull run in the history of the digital asset industry.
Pendle, a decentralized finance (DeFi) protocol, showcased notable resilience to the recent market sell-off, with its coin price rebounding from $4.9 support. This positive upswing recorded 42% growth within three days and pushed the asset value to $6.97.
Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the key $70,000 level on Friday. Ethereum (CRYPTO: ETH) edged lower, but remained above the key $3,500 mark this morning.
Since all investors were in profit, some might take an exit by selling their holdings. Will it put an end to the token's rally?
Introduction to Pendle Protocol Pendle Protocol has garnered significant attention in the De Fi space, boasting a substantial total value locked (TVL) and witnessing a surge in deposits. The Pendle Protocol has emerged as a trailblazer, reshaping the landscape of investment strategies.
Bitcoin halving is estimated to take place on April 17 according to Coinbase exchange. The event known to ardent investors as a significant market mover takes place every four years to control inflation on the network.
Here is how some of your favorite assets concluded the week.
Understanding PENDLE's Phenomenal Surge:The surge in PENDLE's price can be attributed to a confluence of factors, with one of the primary drivers being the exponential growth in Pendle's total value locked (TVL). Data from DeFfiLlama reveals a staggering increase in Pendle's TVL, soaring from $230 million to over $4 billion within a remarkably short period.
Nervos Network's CKB reaches 28-month high, Wormhole records 21% drop following launch, Pendle hits new all-time high.
Since the beginning of the year, PENDLE has surged by 502% to new all-time highs.
After a sudden decline earlier in the week, the cryptocurrency market has witnessed a modest revival, spearheaded by Bitcoin (BTC). The maiden cryptocurrency is striving to reclaim the $70,000 threshold and aim for a new all-time high.
In a remarkable turn of events, the Pendle (PENDLE) price has soared by an astounding 130%, catapulting it into the spotlight of the crypto market. Notably, this monthly surge has piqued the interest of investors, signaling growing confidence in Pendle's potential.
An average PENDLE holder can realize a 50% return on their investments. Should they though?
Pendle, a decentralized finance (DeFi) protocol, caught the attention of crypto investors with its aggressive recovery despite the broader market correction. The altcoin witnessed an intense inflow in March's fourth week as the price reverted from $2.3 support to rally 190% and reached a new all-time high of $6.63.
Pendle cryptocurrency has recently experienced a remarkable surge, with its price rallying by nearly 30% today, catching the attention of investors amidst the volatile crypto market conditions.
Pendle revealed the introduction of two new Liquid Restaking Tokens on the Arbitrum network has boosted PENDLE's price.
In a remarkable turn of events, the Pendle crypto has experienced a significant surge, with the PENDLE price rallying nearly 30% today. Meanwhile, this surge has captured the attention of investors amid the volatile conditions prevailing in the broader crypto market.
Yield platform Pendle has amassed billions of value in just a few months, with heavy trading volume at the same time.
The cryptocurrency community is buzzing with excitement as Cyril – DeFi, a well-known figure in the industry, makes bold predictions about the forthcoming altcoin season. With April's altcoins gaining attraction, there's hype about a possible market shift that could outshine Bitcoin (BTC).
When the morning sun rose on a peaceful day in the crypto community, the world of decentralized finance was brought into the realm of hackers and scammers to deal with the problem of Pendle Finance, which was among the biggest characters in the sector of decentralized finance.
Pendle Finance's founder, TN Lee, warns of potential misinformation but assures no fund risk.
Thetanuts Finance, a decentralized on-chain options protocol, announced the integration of Pendle Finance's $PT-eETH offering, according to information shared with Finbold on March 15.
