$PENDLE - SURGES 30% IN 24 HRS FOR WHALES & STRATEGIC PARTNERSHIPS 🚀🚀🚀
Pendle's recent surge in price has been linked to several notable market developments:
1. A significant transfer involving 900,000 Pendle tokens, worth $4.6 million, took place from a Pendle wallet associated with Binance.💰
2. The total value locked (TVL) in Pendle soared to $5.6 billion following a partnership with the stablecoin USde, created by Ethena Labs. USde enables looping yield strategies that generate income, drawing in numerous users and increasing demand.📉
3. The recent foray into HyperEVM, along with collaborations with both AAVE and Ethena, has enhanced liquidity, fostered ecosystem growth, and improved its investment prospects.🔝