Breakthrough in PENDLE's performance by 116% observed following HyperEVM launch - exceptions possible...
In the dynamic world of decentralised finance (DeFi), Pendle [PENDLE] has been making waves, with its price surging and its Total Value Locked (TVL) hitting a record high. This article delves into the current analysis of Pendle after its integration with HyperEVM, record staking, and rising TVL, painting a generally bullish outlook with significant price momentum and positive technical signals.
Recent Price Action & Technicals
Pendle’s price recently surged over 27% in 24 hours, reaching around $5.21 to $5.51 in early to mid-August 2025. Its price is well above the 50-day (around $3.90) and 200-day (around $3.49) Simple Moving Averages (SMA), signaling a strong uptrend and bullish momentum.
Market Sentiment & Indicators
Despite the broader crypto market being in "extreme fear" (Fear & Greed Index near 18 to 31), Pendle is defying this trend with increased trading interest, especially in the DeFi segment that focuses on yield tokenization. Some analyses report a neutral to slightly bearish short-term sentiment, but overall leaning towards greed (index 60 reported by some sources).
Price Forecasts for 2025
Predictions for Pendle’s price in 2025 vary but generally suggest a range from about $3.49 to $7.74, with some bullish forecasts projecting a rise up to nearly $7 or beyond. Some sources expect the price to fluctuate within the $3.5 to $5.5 range by late 2025, with average prices around $4.5 to $5.5. A particularly optimistic forecast suggests a potential price increase of 293% by year-end 2025, reaching up to $6.94 based on market dynamics.
Impact of HyperEVM integration, staking, and TVL
While the explicit analytical breakdown of HyperEVM integration’s impact is limited, the record staking and rising TVL are generally associated with increased demand and utility for Pendle’s token, which likely contributed to recent price spikes and positive trends. The integration presumably enhances Pendle's smart contract interoperability and DeFi features, further supporting bullish fundamentals.
Current key price range (mid-2025): Approximately $4.5 to $5.5, with upside potential to $7+ depending on overall market conditions.
In addition to the bullish outlook, it's important to note that Pendle's price surges are often followed by corrections as the markets move in cycles. Moreover, questions have been raised concerning the activities of a wallet linked to Pendle Finance, and the wallet still holds $135.4 million worth of tokens, which could potentially impact momentum if sold.
Pendle also announced the launch of Ethena [ENA] on HyperEVM, along with $100 million capped pools for sUSDe with 30x Sats. The HyperEVM launch and the pools offer fixed yields of 8.8% and LP yields of 378%. As of the time of writing, about 35.69% of PENDLE's market cap, or $307 million, was staked, and the annual fees were approximately $53 million.
In conclusion, Pendle’s price is currently in an uptrend supported by strong technical indicators, rising staking activity, and growing TVL, with various forecasts anticipating moderate to substantial price gains in 2025. Nonetheless, some caution remains due to broader market uncertainties and fluctuating analyst sentiment.
[1] CoinMarketCap data [2] CoinGecko data [3] Glassnode data [4] Santiment data [5] Messari data
- The integration with HyperEVM, increased staking activity, and rising TVL have contributed to Pendle's strong uptrend, creating a generally bullish outlook with significant price momentum and positive technical signals.
- Despite the broader cryptocurrency market experiencing "extreme fear," Pendle has defied this trend, demonstrating increased trading interest, particularly in the DeFi segment focusing on yield tokenization.
- Analysts predict Pendle’s price will range from around $3.49 to $7.74 in 2025, with some bullish forecasts projecting a rise as high as $6.94 by year-end.
- The record staking and rising TVL associated with the HyperEVM integration likely led to recent price spikes, and further support bullish fundamentals by enhancing Pendle's smart contract interoperability and DeFi features.
- As of mid-August 2025, Pendle’s price surged over 27%, reaching around $5.21 to $5.51, above the 50-day and 200-day Simple Moving Averages (SMA), signaling a strong uptrend and bullish momentum.
- While Pendle's price surges are often followed by corrections, investors should consider the potential impact of a wallet linked to Pendle Finance holding $135.4 million worth of tokens, as its disposal could affect the token's momentum.
