PENDLE Price Surges 11% on Boros Launch and Institutional Accumulation

Pendle (PENDLE) has become one of the most notable performers in the cryptocurrency market, with its price surging over 11% in a single day and reaching around $4.30 as of August 6, 2025 [1]. The increased demand is reflected in a trading volume increase of more than 40% in the past 24 hours, signaling growing market participation [1].

The recent price rally appears to be fueled by two major developments. First, Pendle launched Boros, a decentralized platform that enables users to trade tokenized crypto perpetual funding rates through “Yield Units” (YUs) [2]. Initially supporting ETH and BTC, Boros introduces a new layer of utility to the PENDLE token by allowing users to speculate or hedge on funding rate movements. The platform’s fee-sharing model further enhances PENDLE’s utility, with 80% of fees allocated to vePENDLE holders, incentivizing token locking and potentially reducing circulating supply over time [2].

Second, renewed institutional interest has emerged, with wallet data indicating significant accumulation by a large holder linked to Arca, who purchased $8.3 million worth of PENDLE in June 2025 [3]. This accumulation took place during a period of high volatility, highlighting continued confidence in PENDLE’s role within DeFi yield markets. With large holders now controlling 87% of the total supply, future price movements could exhibit higher volatility as trading activity expands [3].

From a technical standpoint, PENDLE has been trading within a rising parallel channel since March 2025, with recent price action rebounding off key support at $3.70 [4]. This bounce reinforces the integrity of the upward trend, with the next critical level at $5.50 marking the upper boundary. Moderate trading volume suggests ongoing participation without signs of overheating, and a breakout above the midline resistance could drive the price higher if momentum continues [4]. Analyst Riddler has outlined two potential scenarios: a breakdown below $3.70 leading to over-leveraged liquidations, or a continuation toward $7 in the event of stronger altcoin performance [4].

The PENDLE token’s strong correlation with Bitcoin (0.71) further illustrates its responsiveness to broader market sentiment, while token-specific catalysts like Boros also contribute to its price action [3]. As the platform is gradually being scaled to manage risk and ensure stability, its adoption across major exchanges like Binance and Hyperliquid will be key to determining its long-term impact [2].

With a total value locked (TVL) near $380 million, the Pendle ecosystem remains resilient amid recent price fluctuations, suggesting that core users are maintaining liquidity [6]. Some analysts predict that PENDLE could reach $4.50 as Boros adoption grows, though a breakdown below $3.75 could trigger a deeper correction [6]. The market is currently in a consolidation phase, with both bullish and bearish indicators present.

Source:

[1] CaptainAltcoin, [https://captainaltcoin.com/why-is-pendle-pendle-price-pumping-today/](https://captainaltcoin.com/why-is-pendle-pendle-price-pumping-today/)

[2] CCN.com, [https://www.ccn.com/analysis/crypto/pendle-pumps-usde-collaboration-break-fuel-expansion/](https://www.ccn.com/analysis/crypto/pendle-pumps-usde-collaboration-break-fuel-expansion/)

[3] RTTNews, [https://www.rttnews.com/3563412/strong-rally-in-crypto-markets.aspx](https://www.rttnews.com/3563412/strong-rally-in-crypto-markets.aspx)

[4] 99Bitcoins, [https://99bitcoins.com/news/presales/double-bottom-support-emerges-for-pendle-amid-16-volume-spike-best-crypto-to-buy-in-august/](https://99bitcoins.com/news/presales/double-bottom-support-emerges-for-pendle-amid-16-volume-spike-best-crypto-to-buy-in-august/)

[6] CoinMarketCap Community, [https://coinmarketcap.com/community/articles/6894a4708e030a50e32ca1df/](https://coinmarketcap.com/community/articles/6894a4708e030a50e32ca1df/)