The shuttle price rose by more than 5% to break above the $ 5 level in the midst of a remarkable increase in the daily volume and marched to a new high in the total value that has been locked.
Summary
- The shuttle price rose by more than 5% to $ 5.10, with the daily volume rising 35% to $ 110 million.
- The profit in the last 24 hours has contributed to the total value that has been locked to a new high above $ 12.1 billion.
With top cryptocurrencies that on Thursday take signals from wider risk activ markets in the midst of new American inflation data, Pendle rose to an intraday high from $ 5.10. The price of the Altcoin rose by 5.8% in 24 hours from this letter and treated as one of the best artists in the cryptomarket.
While buyers gathered the native token of the Crypto -return trade platform, the price of $ 4.76 lows jumped up $ 5.10, which extended the bounce that the falling trend arose from the highest height of 24 August of $ 6.29.
Pendle (Pendle) Dover between $ 4.73 and $ 5.12 means that buyers have the opportunity to determine this as a robust demand zone. Bulls may be reached the all-time high of $ 7.50 in April 2024, a movement that may be supported as Intraday Trade Volume Spikes.
On September 11, the purchasing pressure saw the 24-hour trade volume by more than 35% to $ 110 million.
Pendle TVL touches new peak
In the midst of the price fluctuation, the traction of Pendle went into the decentralized financial ecosystem by the total value in Defi a new all time high above $ 12.1 billion. Pendle TVL was $ 4.81 billion on July 1, 2025, which suggests an nearly-double jump in the past two months, with the price that is back from around $ 3.24.
The outlook of the wider market, dictated by a confluence of macro -economic factors and fundamental highlights, has contributed to the shuttle.
Although macro factors such as rates and interest rates have given a background to price fluctuations for risk assets, other factors such as institutional demand, the acceptance of the stablecoin and the developments of crypto regulations have been crucial to be the resilience of altcoins.
Price peaks in the midst of high -volume trade signal rising interest rates, and data from Coinglass show open interest in Pendle have risen to $ 143 million.
