Main meals
The price of Pendle increased after the completion of Hyperevm, the registration, and the TVL height. However, the whale deposits to Binance provided uncertainty, making the resistance amounting to $ 7.50 for a short -term price direction.
At the time of writing this report, Bandal [PENDLE] 38 % increased per week, while trading volume increased by 414 %, according to CoinMarkcap data.
With more than 90 % of the offer is already closed, traders retreated on August 11 to obtain the following distinctive symbol-a point that can raise profits.
For the first time Hyperevm adds a new catalyst
The assembly came a day after the Bandal announcement Ethina [ENA]Hyperevm launched, along with $ 100 million in SusDE swimming pools with 30x Sats.
The complexes have offered fixed returns by 8.8 % and LP return by 378 %, according to Pendle posts on X.
Source: x
Of course, the Pendele Declaration mode is deeper in the fixed return space, with the integration of the Pencosystem system “around the corner or lower.”
The price of Pendle broke out, but can it be carried?
In the daily time frame, Pendle separated from a similar wedge style and continued a re -test at $ 3.50. Altcoin remained in the range between $ 2.50 and $ 7.50 since April 2024.
Initially, she faced rejection of $ 5 after the outbreak, but the second height exploded through this resistance.
With the price that now exceeds $ 5, continuous momentum can lead to a crowd by 116 %. However, there was a stumbling block in the $ 7.50 to hit this goal.
Source: x
Instead, failure to retain more than $ 5 can nullify this projection. Usually, these price increases are met with corrections as markets are transferred in cycles.
Growth, TVL, and protocol growth
Pende Defi’s profile enhances parallel.
After the Supreme Education Council explained that the displacement was not safe, it witnessed protocols based on the return on renewable flows.
Moreover, Pendle launched Boros on Arbitrary [ARB]Enabling users to trade the financing rates as a return – expanding cases of use of the distinctive symbol.
About 35.69 % of the maximum PENDLE market, or $ 307 million, was soaked.
The closed total value reached $ 8 billion, with $ 7.41 billion on ETHEREUM, which puts a 10 billion dollar mark on the horizon.
Source: Devillama
In addition, the Dex size last month was $ 5.15 billion. Its annual fees amounted to about 53 million dollars, while liquidity amounted to $ 25 million.
All of these referred to strength, especially now after the smoke was not safe. However, questions were raised regarding portfolio activities related to the financing of Pendle.
Whale wallet moves concerns to make profits
However, caution infiltrated after marking a multi -wallet Sig linked to the financing of Pendle.
At the time of the press, about 900,000 icons worth $ 4.65 million were transferred to Binance immediately after the high -term currency.
In fact, this portfolio accumulated mostly in 2025, with a large transfer of $ 63 million earlier in the year to add liquidity. It still maintains $ 135.4 million of symbols, which means more sale may affect momentum.
Source: Spotonchain
Although the structure of the collapse, the integration of Hyperevm, and the expansion of the return benefit, the whale activity suggested that the assembly may not be in one direction.
If the demand from the serum and the new integration maintains this, the PENDLE goal remains 116 % on the table in the short term.
Source: https://ambcrypto.com/pendleyes-116-breakout-after-hyperevm-launch-unse/