
Pendle Prediction
About Pendle (PENDLE)
Pendle (PENDLE) is a utility token enabling fixed yields and yield exposure control in the DeFi space, with a current market cap of $196.5M and TVL of $10M. It operates on Ethereum via Uniswap v4, showing recent price weakness with an 8.43% drop in 24 hours amid higher sell pressure. Despite low liquidity of $417K, holder base is expanding modestly, but extreme concentration in top holders poses significant risks.
Current price: $1.28
Market cap: $359.07M
Liquidity: $66.63K
Holders: 71.7K
Pendle Price Prediction
The token has experienced an 8.43% decline in the last 24 hours with higher sell volume ($13,179) compared to buy volume ($11,751), indicating sustained downward pressure. Transaction activity is low, with only 32 transactions in 24 hours and zero in the last hour, suggesting waning interest. This could lead to further consolidation unless buying picks up.
Over the next 30-90 days, the token may stabilize if holder growth continues at the current rate of 0.77% over 30 days, potentially supported by its utility in yield farming. However, high supply concentration (72% in top 10 holders) poses risks of volatility from whale movements. Broader DeFi sector recovery could act as a tailwind.