2 weeks ago

PENDLE Targets $30 After 86% Crash: Is DeFi’s Only Yield Protocol Set for a 5,000% Comeback?

TLDR: PENDLE has corrected 86% from its 2024 high of $7.53, with price now compressing near a key weekly demand zone. Analyst CryptoPatel projects targets of $3, $5, $15, and $30, citing a potential 5,330% move from accumulation range. The sPENDLE upgrade redirects 80% of protocol revenue to buybacks, creating roughly $32 million in annual [...]

The post PENDLE Targets $30 After 86% Crash: Is DeFi’s Only Yield Protocol Set for a 5,000% Comeback? appeared first on Blockonomi.

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