Source: TheMerkle.com
Pendle, the decentralized finance (DeFi) token, experienced a notable decline of over 7% today, following a surge to an all-time high of $7.5 yesterday. The token is currently trading at $6.69, reflecting a correction after the recent price rally.
Despite the decline in price, on-chain activity indicates positive sentiment surrounding Pendle. Reports suggest that Pendle Real Fire Institutions are actively participating in Pendle liquidity provision (LP) to enhance pledge
Read More https://themerkle.com/pendle-token-sees-7-decline-following-all-time-high-on-chain-activity-reflects-positive-sentiment/
The post "Pendle Token Sees 7% Decline Following All-Time High, On-Chain Activity Reflects Positive Sentiment" appeared first here TheMerkle.com.
Source: TheMerkle.com