Pendle Finance is a decentralized finance (DeFi) protocol that offers yield-bearing tokens on various blockchain networks. Its dual-token model allows for flexible yield management strategies and provides liquidity for trading. Pendle's utility token, PENDLE, grants governance rights and liquidity benefits when locked as vePENDLE. The token has shown impressive performance, with a high total value locked (TVL) indicating strong investment in the ecosystem. Technical analysis suggests a potential breakout for the token, with resistance levels at $5.00 and $7.515. Price predictions for Pendle range from $3.98 to $15.56 by 2030, indicating potential long-term growth and a good investment opportunity.



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