CandleFocus Pendle Joins Top 100 Cryptos with New BTC Staking Features: Is $5 Next?
2024-09-12
Author: Content Editor
Pendle Finance's new Bitcoin staking feature has led to a significant surge in the price of its PENDLE token, propelling it into the top 100 cryptocurrencies. Technical indicators suggest a bullish trend, with the token's price now testing a resistance trendline. The introduction of Bitcoin-linked pools by Pendle Finance, in partnership with Lombard Finance and Corn Finance, offers users fixed and floating yields, providing flexibility and choice. The token's price may potentially reach $5 if a bullish breakout occurs, while support levels are at $3.327.
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