The price of PENDLE has now soared to 3.65 and is still continuing to rise.

Next, we can focus on several key price levels, such as 4.0, 4.4, and possibly even above 5.0, which may be seen soon.

The main reasons behind this surge are as follows:

First, there has been significant capital continuously buying in;

Second, the DeFi sector is quite hot, driving its rise;

Third, trading volume has increased significantly, leaving almost no opportunity for a pullback.