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Pendle Price Prediction 2025: PENDLE Eyes New All-Time High

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Peter Henn
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Key Takeaways

  • PENDLE was one of the biggest gainers in the first quarter of 2024 and reached an all-time high in April last year.
  • It fell after that, but it has shown some recovery following an Upbit listing in the summer.
  • It appears to have bottomed out at the start of February 2025.
  • Our PENDLE price predictions suggest the price could reach a new all-time high in 2025.

Pendle Finance’s native token, PENDLE, surged in April, reaching a new all-time high in both price and Total Value Locked (TVL). However, the price has corrected since and fell to a 195-day low on Aug. 5. The TVL also shed more than $4 billion.

However, better news came when South Korea’s Upbit exchange listed Pendle, which boosted the token’s price and led to some recovery.

Nevertheless, it fell after peaking at about $6.85 in early December, and on Feb. 13, 2025, it was worth about $3.35.

Let’s examine our price predictions for PENDLE, made on Feb. 13, 2025. We will also examine the PENDLE price history and discuss what PENDLE is and does.

Pendle Price Prediction

Here are the Pendle price predictions from CCN on Feb. 13, 2025. Price forecasts should be taken cautiously, especially for something as volatile as crypto.

Minimum PENDLE Price Prediction Average PENDLE Price Prediction Maximum PENDLE Price Prediction
2025 $2 $6.50 $12
2026 $3.50 $10 $18
2030 $6 $20 $40

Pendle Price Prediction 2025

Pendle’s price action suggests a potential bullish continuation if it successfully breaks above key resistance zones, with Fibonacci levels and past price structures indicating a possible rally toward $6.50 or $12.00. However, if broader market conditions weaken or a deeper correction occurs, the price could revisit lower support around $2 before resuming an uptrend.

Pendle Price Prediction 2026

By 2026, increased adoption and potential ecosystem expansion could drive Pendle’s price higher, aligning with a mid-cycle crypto market expansion. If demand for its use case grows, the token could push toward $18.00, though market downturns or lack of sustained momentum may keep it closer to $3.50 or $10.00.

Pendle Price Prediction 2030

Long-term projections depend on Pendle’s ability to establish itself as a key DeFi player, benefiting from broader institutional adoption and increased token utility. A full-fledged crypto bull market could propel the price to $40, but regulatory challenges or shifts in DeFi trends may limit growth, keeping the price within a range between $6.00 and $20.00 range.

Pendle Price Analysis

Pendle’s four-hour chart shows a descending channel that has guided its price action since hitting $7 on Dec. 6. A rebound from below $2 suggests a corrective wave completion, leading to a breakout attempt. The price recently surged toward $3.70, nearing key resistance, while RSI remains neutral, leaving room for further movement.

Pendle Price Analysis
Pendle may be facing resistance | Credit: Nikola Lazic/TradingView

Fibonacci retracement levels mark $2.32 and $1.97 as strong supports. A breakout from the channel could open the path toward $5.00, aligning with previous highs. However, rejection at $3.72 suggests a possible short-term pullback before the next move.

Short-term Pendle Price Prediction

Pendle completed a five-wave impulse pattern on the one-hour chart, forming a rising wedge and signaling a corrective phase. The ongoing ABC correction may find support at $3.05, with further levels at $2.84 and $2.64.

Pendle Short-term Price Prediction
Pendle needs to stay above $2.32 | Credit: Nikola Lazic/TradingView

After correction, bullish continuation is likely, with wave five targeting $5.00. A breakout above $3.72 would confirm this move, while a drop below $2.32 would invalidate the bullish outlook.

RSI indicates weakening momentum, supporting the case for a short-term pullback before the next upward push. The Pendle price prediction for the next 24 hours depends on staying above $2.32.

PENDLE Average True Range (ATR): Pendle Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.

PENDLE ATR
PENDLE ATR | Credit: Peter Henn/TradingView

On Feb. 13, 2025, PENDLE’s ATR was 0.459, implying relatively high volatility.

PENDLE Market Cap to TVL Ratio

The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts.

This ratio shows the project’s utilization and links the platform’s health to locked asset value.

PENDLE MCap/TVL
PENDLE MCap/TVL | Credit: DeFiLlama

A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.

On Feb. 13, 2025, the Pendle TVL ratio was 0.1, indicating significant undervaluation.

PENDLE Relative Strength Index (RSI): Is Pendle Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and 30 show overbought and oversold conditions, respectively.

Movements above and below the 50 line also indicate if the trend is bullish or bearish.

PENDLE RSI
PENDLE RSI | Credit: Peter Henn/TradingView

On Feb. 13, 2025, the PENDLE RSI was 48, suggesting basically neutral conditions with a hint of bearishness.

Best Days and Months to Buy Pendle

We looked at the PENDLE price history and found the times when the price was at its lowest across certain days, months, quarters, and even weeks in the year, indicating the best times to buy PENDLE.

Time to Buy PENDLE Best Days, Weeks, Months and Quarters
Best Day Wednesday
Best Week 3
Best Month January
Best Quarter First

PENDLE Price Performance Comparison

Pendle is in the Yield Farming crypto category, so let’s compare how it’s done with other, similar tokens.

Current Price One Year Ago Price Change
PENDLE $3.35 $3.29 +1.82%
CAKE $2.90 $2.60 +11.5%
RAY $4.95 $1.15 +330%
AAVE $250.80 $91.27 +174%

PENDLE Price History

Let’s take a look at some key dates in the Pendle price history . While past performance should never be taken as an indicator of future results, knowing what the crypto has done can help give us some much-needed context when making or interpreting a Pendle price prediction.

Pendle Price Hiatory
Pendle price history for the last 12 months | Credit: CoinMarketCap
Period Pendle Price
Last week (Feb. 6, 2025) $3.14
Last month (Jan. 13, 2025) $4.13
Three months ago (Nov. 13, 2024) $5.67
One year ago (Feb. 13, 2024) $3.29
Launch price (April 30, 2021) $1.08
All-time high (April 11, 2024) $7.52
All-time low (Nov. 9, 2022) $0.03349

PENDLE Market Cap

The market capitalization, or market cap, is the sum of the total number of PENDLE in circulation multiplied by its price.

Pendle Market Cap
Pendle market cap for the last 12 months | Credit: CoinMarketCap

On Feb. 13, 2025, Pendle’s market cap was $566 million, making it the 115th-largest crypto by that metric.

Who Owns the Most Pendle Tokens?

On Feb. 13, 2025, one wallet held more than 20% of Pendle’s supply.

Richest Pendle Wallet Addresses

As of Feb. 1,3 2025, the five wallets holding the most PENDLE tokens are:

  • 0x4f30a9d41b80ecc5b94306ab4364951ae3170210. This wallet held 54,731,976 PENDLE or 21.18% of the supply.
  • 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 35,800,000 PENDLE or 13.85% of the supply.
  • 0xa3a7b6f88361f48403514059f1f16c8e78d60eec. This wallet held 29,199,973 PENDLE or 11.3% of the supply.
  • 0x399be606db281a054e359eb709df9f21e922ec9a. This wallet held 18,597,940 PENDLE or 7.2% of the supply.
  • 0x918cf6b16d1426b5aa0edf0492ced1aa89f9659a. This wallet held 9,492,190 PENDLE or 3.67% of the supply.

PENDLE Supply and Distribution

Supply and Distribution Figures
Total Supply 258,446,028
Circulating supply as of Feb. 13, 2025 164,750,833 (63.74% of total supply)
Holder Distribution The top 10 holders owned 66.73% of the total supply as of Feb. 13, 2025

From the Pendle Whitepaper

In its technical documentation or whitepaper , Pendle says: “Pendle Finance is a protocol deployed on Ethereum and Arbitrum that facilitates the tokenization of yield on assets through a fixed-rate lending market.

Users can deposit yield-bearing assets into the platform, and the smart contract separates the principal and interest by minting principal tokens and yield tokens.

“The protocol also incorporates an automated market maker (AMM) algorithm for trading these tokens. Recently, Pendle Finance has experienced significant growth in total value locked and increased market demand, thanks to the increased market interest in the Liquidity Staking Derivatives (LSD) section and its integration with protocols like Lido and Frax.”

Pendle (PENDLE) Explained

With the idea of decentralized finance (DeFi) allowing people to use financial services without going through traditional, centralized institutions, it makes sense that blockchain-based finance would allow people to generate interest or yield on their investments.

One problem with crypto yield is that it can sometimes be hard to determine how much anyone will make at any time. If crypto interest rates fluctuate like crypto prices, then having something that helps people manage yield could be useful.

Pendle is a platform that allows people to trade their yield, thus meaning that they can potentially maximize the interest they receive.

The system, launched in 2021, is based on the Ethereum (ETH) blockchain and powered by its native PENDLE token. 

How Pendle Works

Pendle turns coins and tokens into standard yield tokens, allowing them to be traded. This means, at least in theory, that people can make money even when interest rates drop.

It also, in effect, allows a derivatives market to be created, with people trading in things that derive their value from crypto but are not cryptos in and of themselves.

The PENDLE token pays fees on the platform and can be bought, sold, and traded on exchanges. 

Because Pendle is based on Ethereum, it is a token, not a coin. You might see references to a Pendle coin price prediction, but these are wrong.

Is Pendle a Good Investment?

It is hard to say. On one hand, Pendle has shot up lately, and the indicators, at least in the short term, are positive. On the other hand, it fell pretty sharply after its April peak, so there is nothing to say it won’t spike and crash again.

As always with crypto, you should do your own research before deciding whether or not to invest in PENDLE.

Will Pendle Go Up or Down?

No one can really tell right now. While the Pendle crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I Invest in Pendle?

Before deciding whether to invest in Pendle, you must research PENDLE and other related coins and tokens, such as Yearn.finance (YFI). Either way, you must also ensure you never invest more money than you can afford to lose.

Technical analysis by Nikola Lazic.

FAQs

How many Pendle are there?

On Feb. 13 2025, there were 164.75 million PENDLE in circulation out of a total supply of 258.4 million.

Will Pendle reach $10?

Our price predictions suggest that PENDLE could, potentially, reach a high above $10 as soon as this year.

What is Pendle used for?

The PENDLE token is used for transaction fees on the Pendle crypto yield platform. Holders can vote on changes to the network and it can also be bought, sold, and traded on exchanges.

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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Peter Henn

Peter Henn has been a journalist since 2005. In that time, he has written for a variety of publishers including the Mail on Sunday and the Daily Express. He has previously covered the world of cryptocurrency for Currency.com and Capital.com, and has also written for ECigIntelligence.com and CBD-Intel.com. A graduate of the University of Liverpool, he is based in the United Kingdom. His hobbies include music, horse racing and performance art.
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