Pendle Prize Sees Significant Surge, Breaking $5 Barrier
The Pendle Prize has experienced a notable increase, rising by more than 5% to break over the $5 mark, and marching to a new total value that has closed the total value with a new total value. This surge has contributed to bringing the total value to a new maximum value over 12.1 billion US dollars. The daily volume also saw a significant increase, rising by 35% to $110 million.
As the top cryptocurrencies on Thursday have a reference to wider risk assets markets in the middle of new US inflation data, Pendle rose to an intraday high of USD 5.10. The price of the old coin rose by 5.8% in 24 hours after this letter and was one of the top performers on the Krypto market. When buyers collected the native token of the Crypto Rendite Trading Platform, the price rose from USD $5.10 and expanded the leap, which came down from August 24 of USD 6.29.
Pender diagram. Source: crypto.news
Pendle’s Price Movement and TVL
Pendle (Pendle), which hovers between USD 4.73 and $5.12, means that buyers have the opportunity to establish this as a robust demand zone. Bulls can look at the all-time high of $7.50 in April 2024, a step that may be supported as an intraday trade volume tip. On September 11, the purchase pressure around the 24-hour trading volume rose by more than 35% to $110 million.
Pendle TVL Reaches New Peak
In the middle of the price fluctuation, Pendle’s traction continued in the decentralized financial ecosystem, since the total value in Defi achieved a new all-time high over $12.1 billion. On July 1, 2025, Pendle TVL was $4.81 billion, which has had an almost double leap in the past two months, with the price of around $3.24. Pendle helped the prospects of the broader market, dictated by a confluence with macroeconomic factors and fundamental highlights.
While macrofactors such as tariffs and interest expectations created a background to price fluctuations for risk assets, other factors such as institutional demand, the introduction of stablecoin, and the regulatory developments of crypto were of crucial importance for the resistance of old coins. Price spikes in the middle of trading signals with high volume rising interest rates, and the data from CoingGlass show open interests to Pendle to $143 million.
For more information on the Pendle Prize and its recent surge, please visit https://crypto.news/pendle-price-breaks-above-5-as-volume-spikes-35/
