Post
#altcoins $PENDLE *** New ATH for $PENDLE in staking
*** If the adoption of the protocol continues to grow, investing now means positioning oneself before a potential supply shortage.
🚀The PENDLE token has reached a new staking record, about 60% of the circulating supply, over 35% of the total supply, locked in the protocol.
This means that approximately 100 million tokens are in
staking, significantly reducing the amount available for trading in the market.
The increase in staking on Pendle reflects its growth as a yield trading infrastructure in DeFi, especially with restaking and yield-generating assets.
{spot}(PENDLEUSDT)
#CryptoInsights
*** If the adoption of the protocol continues to grow, investing now means positioning oneself before a potential supply shortage.
🚀The PENDLE token has reached a new staking record, about 60% of the circulating supply, over 35% of the total supply, locked in the protocol.
This means that approximately 100 million tokens are in
staking, significantly reducing the amount available for trading in the market.
The increase in staking on Pendle reflects its growth as a yield trading infrastructure in DeFi, especially with restaking and yield-generating assets.
{spot}(PENDLEUSDT)
#CryptoInsights
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