- Pendle token costs have skyrocketed following the Ethena (USDE) partnership.
- Technical evaluation factors to $7.80 as the following goal with double-digit worth potential.
- A breakout that surpasses key assist at $5.23 opens the door to retest the $7.50 ATH.
Pendle tokens have achieved an astounding upward trajectory in latest weeks, surpassing 53% up to now month and up 21.6% within the final 24 hours alone.
Following the announcement of a strategic partnership between Pendle Finance and Ethena, market momentum has intensified and the quickly rising secure belongings of USDE have been built-in into Pendle’s HypereVM yield era ecosystem.
These swimming pools are launching the primary pool with restricted capability.
• Susde’s $100 million cap (September ’25)
So, be sure that to get in early! pic.twitter.com/vyjzqdsryq
– Pendle (@pendle_fi) August 7, 2025
This collaboration, mixed with a strong technical sign, can set the stage because the tokens retest a history-high $7.50 and will infiltrate double-digit territory.
Ethena Integration drives a strong loop technique
The guts of bullish sentiment lies within the progressive “loop” technique enabled by partnerships.
Pendle’s distinctive mannequin divides belongings into principal tokens (PTs) and rains down the tokens (YTs).
With USDE built-in, customers should buy PTs at USDE to lock down fastened yields and borrow USDC in opposition to these PTSs with Aave. The borrowed USDC can be utilized to get extra USDEs and the method is repeated.
This cycle is confirmed worthwhile as PT at present averages 8.8% greater than Aave’s borrowing prices. Aave earns 10% of the borrowing prices, whereas Pendle prices 5% on PTS.
Importantly, $4.3 billion (60% of the USDE complete) is trapped in Pendle, with $3 billion being deposited in Aave, highlighting the depth of this integration.
1/Ethena’s USDE provide has elevated by $3.7 billion in simply 20 days, pushed primarily by the Pendle-Aave PT-USDE loop technique.
With $4.3 billion (60% of the whole USDE) locked into the pendle and $3 billion left at Aave, there’s a breakdown of PT loop mechanics, progress vectors and potential dangers.
– Shaunda Devens (@shaundadevens) August 6, 2025
Moreover, Pendle’s TVL is closely concentrated within the Ecena USDE market, accounting for round 60% of the protocol’s complete TVL.
To cut back liquidation threat, Aave Dao has fastened USDE to the worth of USDT and added a layer of stability to its technique.
Nonetheless, profitability is determined by the yield of PT, which exceeds the borrowing price. A decrease yield can weaken the enchantment of the technique.
The potential for additional growth additionally is determined by whether or not Aave will increase its collateral cap. This enables for larger participation within the loop.
Whale strikes pendle tokens value $4.65M
Along with the bullish setting, on-chain knowledge revealed {that a} pendle-linked multi-signature pockets deposited 900,000 pendles (value round $4.65 million) on Binance.
The Pendle workforce has not disclosed why, however market observers counsel that the transfer is meant to enhance liquidity, assist market manufacturing, or put together for strategic growth.
Inside 24 hours of switch, Pendle’s worth rose 27.2%, reflecting investor optimism.
Such strikes underscore the significance of monitoring blockchain exercise, as large-scale transfers typically precede massive bulletins or market adjustments. Nonetheless, it might probably additionally enhance short-term volatility.
Pendle token worth evaluation factors to greater targets
From a technical standpoint, the Pendle token reclaimed the mid-range of the long-term buying and selling construction that had damaged above the primary line of resistance traits and retested it as assist.
Indices such because the relative energy index (RSI) and shifting common convergence/divergence (MACD) are constructive, indicating that bullish momentum is unbroken.
Going to market evaluation from common analysts, $5.23 is the important thing stage of assist that Pendle should maintain. Moreover, a transfer above $5.53 might pave the best way to $5.77, with $6.30 coming in as the following resistance.
Moreover, the wave counting sample refers to a strong third subwave with an preliminary goal of $7.80, 1.61 occasions the size of the primary wave.
Specifically, a breakout that surpasses the 2025 excessive might speed up climbing to new all-time highs and double-digit costs.
With the robust foundations of the Etena Partnership, the surge in TVL, beneficial expertise patterns and rising market curiosity, Pendle Token seems to be properly positioned for additional progress.
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