PENDLE reached its 4-month high at $5.26 in late October.
The DeFi protocol exhibited a rebound after surpassing $2.5B in TVL.
PENDLE, the native token of the yield-trading platform Pendle, made bullish strides with double-digit gains over the last 30 days. The token’s price climbed 37.6% to hit a 4-month high, while the protocol’s total value locked (TVL) rose by 31.5%, reaching a 1-month high
Evidently, PENDLE saw its price rise from $3.825 to a high of $5.26 at the end of October. The protocol noted its total value locked (TVL) increasing from $1.948 billion to a high of $2.562 billion, as per DefiLlama.
Reportedly, this DeFi asset has set a bullish accumulation record in the last 24 hours. This DeFi altcoin leads the pack by ranking as the token with the highest buy volume on Arbitrum, exceeding $3.88 million, across multiple decentralized exchanges (DEXs).
By the way, on @arbitrum, $PENDLE has become the most accumulated token on DEXes over the last three days.
We współpracy z: https://thenewscrypto.com/can-pendle-take-a-bullish-route-after-this-record/
