- The token has expanded its presence beyond Ethereum.
- Users can now enjoy optimized cross-chain swaps via Stargate Finance.
- Pendle posted the highest positive sentiment among all DeFi tokens over the past seven days.
Digital tokens painted price charts red on Wednesday as markets positioned for upcoming Federal Reserve policy. Pendle extended its weekly losses to more than 6% after slipping roughly 2% over the past 24 hours.
Profit-taking following a recent rally contributed to PENDLE’s weakness, but the altcoin appears positioned for a meaningful rebound if bullish catalysts arrive. The team confirmed that PENDLE is now officially live on HyperEVM and BeraChain.
$PENDLE token is now live on @BeraChain and HyperEVM!
You can now easily bridge between Ethereum <> BeraChain <> HyperEVM via @StargateFinance 🌉 pic.twitter.com/J59WnGAqYH
— Pendle (@pendle_fi) July 30, 2025
This is a key step in Pendle’s multi-chain ambitions, targeted at broadening its footprint in yield-focused decentralized finance (DeFi).
The expansion coincides with a notable rise in bullish sentiment around the altcoin. Data indicates PENDLE registered the strongest positive sentiment among all DeFi tokens during the past week.
As more users and investors discover Pendle, the question is whether a significant breakout is on the horizon.
Pendle smooths cross-chain access
The standout feature of this development is the Stargate Finance integration, which enables seamless movement between Ethereum, HyperEVM and BeraChain. That means users can tap into Pendle’s growing ecosystem regardless of which chain they use.
Integration promises reduced friction, faster transfers and potentially lower fees—changes that materially improve the user experience for investors and DeFi enthusiasts. The Stargate bridge aims to facilitate a smoother flow of capital across chains, addressing one of DeFi’s key bottlenecks: interoperability.
Additionally, the move increases PENDLE’s utility in new liquidity hubs as HyperEVM and BeraChain attract activity in yield-focused markets related to Pendle.
Positive sentiment dominates the Pendle ecosystem
Several tracking platforms show PENDLE was the most positively discussed DeFi project over the last week. This trend is independent of short-term price action and reflects the tone and volume of conversations across crypto forums and social platforms like X and Telegram.
Pendle has highest Positive sentiment in last 7 days in all of defi .$PENDLE pic.twitter.com/Wt50IwG3GO
— Smartmoney_Detective (@NaveenCypto) July 29, 2025
Strong positive sentiment often signals market interest and can hint at repositioning by informed traders ahead of potential bullish catalysts. Growing bullish chatter and listings on additional platforms suggest Pendle is attracting attention and confidence, helping to cement its role in the DeFi landscape.
PENDLE price outlook
The altcoin traded lower, down more than 2% over 24 hours, with the price around $4.37 as volume weakness mirrored broader bearish conditions in crypto markets.
Pendle experienced significant profit-taking after its recent run from $3.2633 on June 4 to $4.8747 last week. Still, the token has not broken its bullish structure and is trading well above key support levels at $3.60 and $2.80.
A deeper pullback to those supports could attract renewed buying interest if historical patterns repeat. Bullish rebounds could clear the path for a steady rally to $5.20, with the potential to push toward the psychological $7 level—approximately 60% above current market price.
However, the $6.00–$6.50 region will be a critical breakout zone. A decisive weekly close above that area could trigger increased buying and propel PENDLE toward targets in the $12.00–$14.00 range.