Pendle's Price Recovery Depends on Holding Key Support Level at $4.40

Pendle ($PENDLE) price recovery hinges on $4.40 support as DeFi TVL surges to $11.3B, a 250% growth since May. Analysts point to $4.40 as the price that must hold for the token to aim for $7 channel target. Ethereum, Hyperliquid, and BNB Chain are leading Pendle's cross-chain adoption.

September 02, 2025

Pendle ($PENDLE) has shown signs of recovery, with its price stabilizing at the $4.40 support level as DeFi TVL surges to $11.3B, a 250% growth since May. Analysts believe that the $4.40 level is crucial for the token to aim for its $7 channel target. The surge in DeFi TVL is driven by several key factors, including the growing adoption of Ethereum, Hyperliquid, and BNB Chain by Pendle.

The price recovery of Pendle is closely linked to the broader DeFi market trends. The total value locked (TVL) in DeFi has been surging, reaching $11.3B in September 2025, up from $2.8B in May. This growth is a testament to the increasing popularity and utility of DeFi protocols. Pendle, as a yield aggregator and liquidity provider, has benefited from this trend, with its TVL growing significantly over the past few months.

The $4.40 support level is considered pivotal for Pendle's price recovery. If the token can maintain this level, analysts believe it has the potential to reach the $7 channel target. This level is seen as a key psychological barrier that, if breached, could lead to further price appreciation.

Pendle's cross-chain adoption is another significant factor contributing to its price recovery. The protocol is being adopted across Ethereum, Hyperliquid, and BNB Chain, expanding its user base and liquidity. This diversification helps to mitigate risks associated with relying on a single blockchain network.

In conclusion, Pendle's price recovery is supported by the broader DeFi market trends, including the surge in TVL and its cross-chain adoption. The $4.40 support level is crucial for the token to aim for its $7 channel target. As DeFi continues to grow and evolve, Pendle is well-positioned to benefit from these trends.

References:
[1] https://www.bitcoininsider.org/article/285521/htx-researchgunh1-2025-key-industry-highlights-dat-becomes-standard-perpetual-dex