Why is Pendle Crypto rising?

Could you possibly explain to me the reasons behind the recent surge in Pendle Crypto's value? I've noticed a significant upward trend in its market performance and am curious as to what factors might be driving this increase. Is it due to positive news surrounding the project? Has there been an influx of new investors? Or perhaps, is it a result of favorable market conditions that are favorable to cryptocurrencies in general? I'd greatly appreciate it if you could shed some light on this matter. Thank you.