Pendle 價格PENDLE

Solana $SOL price unlikely to bounce back quickly Solana's native token, SOL , dropped to $131.90 on Feb. 25, marking its lowest point in five months. The unexpected correction triggered more than $129 million in leveraged long SOL futures positions. Despite briefly recovering to the $140 level, SOL is down 17% since Feb. 22, while the broader altcoin market has declined by 10%. Several factors, including reduced onchain activity, derivatives metrics, and equivalent inflation, suggest that SOL may continue to underperform in the short term. Decentralized exchange (DEX) volumes on the Solana network have dropped by 30% over the past seven days, reaching their lowest level since October 2024. Meteora was the worst performer, down 48% compared to the previous week, followed by Raydium with a 28% decline in activity. The Pump.fun memecoin launchpad also saw a 35% drop in onchain volume. In contrast, DEX volumes on Ethereum increased by 40% week-over-week, according to DefiLlama data. Pendle experienced a 76% rise in onchain volumes during the same period. The recently launched Hyperliquid chain, focused on perpetual futures trading, recorded a 25% volume increase. Similarly, volumes on SUI, a layer-1 blockchain focused on scalability, rose by 15%. Meanwhile, DEX activity on the Bina Chain dropped by 40% compared to the previous week. SOL correction was not driven by memecoin decline Some analysts attribute SOL's negative performance to the burst of the memecoin launch bubble. However, the decline in activity on Solana's decentralized applications (DApps) also affected areas like liquid staking, yield strategies, gambling, NFT lending, and Web3 infrastructure. Notable examples include Jito, which saw a 49% drop in unique active addresses, while Fragmetic saw 30% fewer users, and Save was down by 28%. The scalability of the Solana network relies on economic incentives for its validators, as the cost of running a validator can exceed $72,000 per year, according to the JPOOL liquid staking calculator. In addition to server expenses, there is a “voting cost” of approximately 1 SOL per day, which significantly impacts profitability, even when factoring in maximal extractable value (MEV). Currently, SOL native staking offers a 9.5% yield, according to StakingRewards. However, when adjusted for equivalent inflation, the net gains are much lower. Over 16.1 million SOL tokens are set to be unlocked between February and May 2024, representing a 10% annualized inflation rate. This effectively creates a negative return for SOL staking during this period. Derivatives demand slumps as spot Solana ETF odds waver Demand for leveraged long positions (buy) on SOL futures has dropped to its lowest levels in over 12 months, according to derivatives markets data. Monthly futures contracts generally trade at a 5% to 10% premium compared to spot markets to account for the longer settlement period. However, SOL futures entered backwardation on Feb. 24, indicating that demand for short positions (sell) has significantly increased. The total open interest on SOL futures fell by 8.5%, dropping from 31.6 million SOL on Feb. 24 to 28.9 million SOL on Feb. 25, according to CoinGlass data. This shift may reflect traders’ reduced expectations for the imminent approval of a spot Solana exchange-traded fund (ETF) in the United States. SOL is likely to take longer to regain bullish momentum due to the decline in onchain activity, inflationary pressure, weak demand for leveraged long positions,

Real-world asset (RWA) altcoins have gained momentum in the cryptocurrency market, offering investors promising opportunities for long-term gains. These digital assets provide exposure to tokenized physical assets such as real estate, commodities, and financial instruments, making them valuable in a growing decentralized economy. Several RWA-focused altcoins, especially Chainlink (LINK), Ondo (ONDO), MANTRA (OM), Pendle (PENDLE), and Maker (MKR), have shown strong potential. Their market activity suggests significant price movements as we approach 2025. Chainlink (LINK) is currently trading at $16.60 , down 8.14% in the last 24 hours. The price recently dropped from a high of $18.08 before reversing downward. Resistance is evident in the $18.00–$18.10 zone, while support appears around $16.50–$16.60. If the downtrend persists, $16.00 could serve as the next critical level. Despite the decline, 24-hour trading volume surged by 14.93%, signaling increased market activity. If LINK maintains support above $16.50, a potential rebound toward $17.25–$17.50 is possible, with resistance at $18.00. However, a break below $16.50 may lead to further downside, potentially testing $16.00 or $15.50. Related: Altcoin Watchlist: SUI, INJ, LINK, ONDO, OM – Which Will Lead the Crypto Bull Run Starting Next Week? Ondo (ONDO) is trading at $1.08 , experiencing a 5.60% drop in the past 24 hours. The price faced rejection at the $1.14–$1.15 resistance zone, struggling to maintain momentum. Support has formed near $1.07–$1.08, but further selling pressure could push ONDO toward $1.05 or even $1.00, a psychological level. Interestingly, 24-hour trading volume decreased by 9.90%, suggesting cautious market sentiment. If ONDO stabilizes above $1.07, a recovery toward $1.10–$1.12 remains possible, but overcoming $1.14–$1.15 remains a challenge. MANTRA (OM) is trading at $8.44 , down 2.42% over the last 24 hours. The price remains in a consolidation phase, with resistance at $8.65–$8.70 and short-term support at $8.30–$8.35. A drop below $8.30 could push OM toward $8.00, a critical support level. Notably, trading volume surged by 41.98%, indicating heightened interest among traders. If OM holds above $8.35, a potential rebound toward $8.50–$8.65 is possible, with $8.70–$8.80 acting as the next resistance zone. However, breaking below $8.30 may trigger a decline toward $8.00. Pendle (PENDLE) is trading at $3.19 , a 9.62% decline. The price has faced resistance at $3.50–$3.53, with immediate support at $3.15–$3.20. If the bearish trend persists, the next key support level is $3.00, followed by $2.85–$2.90. Despite the price decline, trading volume remains steady, rising by 0.56%, indicating ongoing market participation. If PENDLE holds above $3.15, a recovery toward $3.30–$3.40 could emerge. However, a break below $3.15 may lead to further downside, testing $3.00 and potentially $2.85. Maker (MKR) is trading at $1,457.76 , a 7.62% decline in the last 24 hours. The price dropped from a daily high of $1,577.9, facing resistance at $1,550–$1,580. Support has formed around $1,450–$1,460, but if selling pressure persists, MKR could test $1,400. Further downside may lead to $1,350, a significant historical support level. Trading volume increased by 10.32%, suggesting heightened activity, possibly from dip buyers. Related: Altcoin Market Movers: HBAR, SUI, SOL, LINK, ONDO See Gains If MKR holds above $1,450, a recovery toward $1,500–$1,550 remains possible, with $1,580 as a key resistance level. However, breaking below $1,450 may push the price toward $1,400 or lower. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The RWA sector’s market cap skyrocketed 144% to $62.7 billion in just three months, driven by institutional adoption and regulatory clarity. The U.S.’s crypto-friendly stance has lowered entry barriers, attracting significant capital inflows. Top RWA Tokens Performers (Last 7 Days, Min. $10M Market Cap): > $DOVU: +50.9% > $ZBCN: +49.3% > $OM: +29.3% > $IMO: +26.6% > $RBNT: +25.4% > $PENDLE: +21.5% > $PLUME: +17.7% Also, the total value of tokenized RWAs hit $17.3 billion, led by Private Credit ($11.9B) and US Treasury Debt ($3.7B). This surge highlights growing confidence in tokenization’s efficiency, with expanding use cases signaling a long-term bullish outlook for RWAs Tokenization.

Solayer, as the re-staking protocol of the Solana ecosystem, combines multiple market directions such as re-staking, execution layer expansion, and revenue trading. Among the different tracks in the current market, EigenLayer represents the re-staking market of Ethereum, AltLayer focuses on blockchain execution and elastic scaling, and Pendle is a typical representative of revenue trading protocols. Considering that Solayer combines re-staking + AVS + hardware acceleration, this composite narrative, its market value expectation can refer to the market valuation range of these three tracks. Currently, the circulating quantity of Solayer is 160 million LAYER, and the unit price has not yet been determined. Combined with the valuation of similar protocols in the market, we can infer the possible market value range of Solayer by comparing the circulating market values of AltLayer, EigenLayer, and Pendle. 

xionusdt showing a strong bullish signal.. strong possible buy at 1.4 usdt. trade carefully