The protocol’s TVL touched $7.02 billion right this moment.
Upcoming developments like Boros, HyperEVM, and Converge recommend continued progress.
PENDLE’s value has turned bullish after an 8% rally.
Tokenization platform Pendle has attained a brand new all-time excessive in complete worth locked right this moment, hitting $7.021 billion.
It has topped June 2024’s historic peak of $7.013 billion.
The timing couldn’t be higher.
The TVL milestone comes as Pendle awaits important developments within the coming weeks and months, together with hyperEVL growth, Boros launch, and Converge launch.
In the meantime, the whole worth locked surge alerts extra capital as customers belief Pendle’s yield-trading mechanism, particularly following the most recent stablecoin regulation.
Digital tokens backed by real-world property have seen elevated urge for food for the reason that US signed the GENIUS Act.
This text evaluates what to anticipate because the protocol braces for key catalysts.
HyperEVM growth sparks bullish momentum
Pendle has remained on the crypto group’s radar because it prepares to launch HyperEVM.
Speculations recommend that this fastest-growing and most energetic EVM-compatible chain would possibly go dwell as quickly as this week.
HyperEVM will improve the protocol’s cross-chain interoperability and entry to new audiences.
The upcoming product is greater than a Layer 1 or Layer 2.
HyperEVM is ushering within the subsequent era of DeFi apps.
Pendle’s early integration would improve its enchantment for collaborations, person exercise, and new markets for magnified liquidity.
The workforce launched Hyperwaverfi on July 23 to arrange for the HyperEVM launch.
As if we wanted extra proof that HyperEVM is the very best place to construct…however right here it’s:
Pendle launched their hwHLP @Hyperwavefi Market simply two days in the past and it already has $7,93 Million in TVL
Doing $1,5 Million in 24h VolumeIn simply two Days HyperEVM already has extra TVL on… pic.twitter.com/fUDpETpHLD
— Tobias Reisner (@reisnertobias) July 26, 2025
Boros to unlock new utility
One other catalyst positioning PENDLE for continued progress is the Boros product.
Whereas particulars stay scarce, Boros goals to considerably enhance the ecosystem’s TAM (Complete Addressable Market) and introduce new utility for yield-bearing property.
Some recommend that it’s going to permit merchants to commerce funding charges with out interacting with perps and lock in mounted charges.
The product is scheduled for an August launch and would cement Pendle’s worth proposition because it attracts extra capital and customers.
$Pendle HyperEVM this week, Boros in August
ATH TVL $7 Bil
#1 in all of crypto for final 30 days charges progress (438% improve)
Holders (vePendle) income mooning
Bread to the $ENA butter
Direct beneficiary of Ethereum stablecoin narrative & the now handed Genius act. pic.twitter.com/OPKZ4mbREa
— Massive Ninjah (@BigNinjah) July 28, 2025
Converge alliance provides momentum
Pendle is among the many high companions of the upcoming Converge platform, signaling a deeper reference to modular DeFi protocols.
The tokenization platform will assist unlock yield-trading on a number of dollarized property.
The collaboration displays Pendle’s dedication to on-chain finance.
It’s going to seemingly enhance the blockchain’s utilization and visibility, translating to extra advantages for PENDLE holders.
In keeping with Converge:
Tokenized property want predictable, liquid, and composable yield rails. By constructing on Converge, Pendle brings fixed-rate merchandise, yield hedging, and liquidity methods to tokenized securities and institutional-grade greenback devices.
The upcoming launches, stablecoin progress, and protocol growth will seemingly set off extra progress for Pendle within the coming occasions.
PENDLE value outlook
The altcoin trades at $4.72 after a powerful efficiency over the previous 24 hours.
Overcoming the essential resistance between $4.80 and $4.90 might help substantial positive factors in the direction of $9.
PENDLE trades above the 50- and 100 Exponential Transferring Averages on the 1D chart, signaling an upside momentum.
Constructive broad market sentiments amid the upcoming Pendle catalysts place the altcoin for vital progress within the coming weeks and months.
