Pendle Token Sees 7% Decline Following All-Time High, On-Chain Activity Reflects Positive...

Pendle Token Sees 7% Decline Following All-Time High, On-Chain Activity Reflects Positive Sentiment

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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

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