PENDLE Shatters $5 Barrier with Stunning 35% Volume Surge

PENDLE rockets past psychological resistance as trading activity explodes—defying another sleepy day in traditional markets.

Volume Spike Triggers Breakout

Trading volume catapults 35% in a single move, propelling PENDLE through the $5 ceiling that had traders watching like hawks. The surge signals institutional money waking up—or maybe just degens chasing the next shiny thing while traditional finance naps through another 9-to-5.

Momentum Builds Amid Crypto Rally

Active addresses and network activity spike in tandem with the price surge, suggesting this isn't just speculative froth. The token's defi utility appears to be driving real adoption, not just paper gains.

Watch the $5.20 level next—if volume sustains, we could be looking at a run toward previous highs. Because nothing makes traditional bankers sweat like an asset that actually moves outside market hours.

Pendle (PENDLE) hovering between $4.73 and $5.12 means buyers have the opportunity to establish this as a robust demand zone. Bulls may eye the all-time high of $7.50 reached in April 2024, a MOVE possibly supported as intraday trading volume spikes.

On Sept. 11, buying pressure saw the 24-hour trading volume rise more than 35% to $110 million.

Pendle TVL hits new peak

Amid the price fluctuation, Pendle’s traction in the decentralized finance ecosystem continued as total value locked in DeFi hit a new all-time high above $12.1 billion. Pendle TVL stood at $4.81 billion on July 1, 2025, suggesting a near-double jump in the past two months, with the price rebounding from around $3.24.

The broader market’s outlook, dictated by a confluence of macroeconomic factors and fundamental highlights, has helped PENDLE.

While macro factors such as tariffs and interest rate expectations have provided a backdrop to price fluctuations for risk assets, other factors such as institutional demand, stablecoin adoption, and crypto regulatory developments have been key to altcoins’ resilience.

Price spikes amid high-volume trading signal rising interest, and data from Coinglass show open interest in Pendle has jumped to $143 million.