Pendle price prediction: Will sPENDLE boost sustain rally? PENDLE gains 7.89%

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Pendle rises 7.89% to $2.065 today

Highlights

Pendle has replaced its vePENDLE lock-up system with a new liquid staking governance token called sPENDLE, allowing tokens to remain transferable and reducing participation barriers.
Up to 80% of protocol revenue will be allocated for buybacks of PENDLE tokens, with rewards redirected to sPENDLE holders and overall emissions dropping by about 30%.
Existing vePENDLE holders receive a temporary reward multiplier based on their remaining lock-up period as part of the transition to the new framework.

Governance overhaul and buybacks shift rewards as emissions decline

Pendle has introduced a major tokenomics update, replacing its former vePENDLE lock-up system with a new liquid staking governance token named sPENDLE. The revised framework enables tokens to remain transferable and introduces a 14-day withdrawal period, improving capital efficiency and reducing participation barriers. Up to 80% of protocol revenue will be dedicated to buybacks for PENDLE tokens, with rewards rerouted to sPENDLE holders, and overall emissions are set to fall by roughly 30%. Existing vePENDLE holders are granted a temporary reward multiplier based on their remaining lock-up period.

Oversold indicators contrast with volatility and neutral momentum signals

Momentum signals for PENDLE are mixed on the daily chart. The MACD reading is neutral, with a weak ADX trend, while both the RSI (40.17) and CCI (–149.7) indicate ongoing oversold conditions. Stochastic RSI also points to a strongly oversold state, opening the possibility of a technical rebound, although the Bull/Bear Power indicator favors buyers intraday. The Awesome Oscillator remains neutral. Current price action reflects notable intraday volatility, with a push toward the top of today’s range contrasting against a backdrop of bearish daily momentum indicators.

Limited upside expected as oversold signals and weak trends persist

In the next five trading days, PENDLE is expected to consolidate within a volatility band from $1.90 to $2.25, reflecting recent trading dynamics. The likelihood of an upward move is low (below 20%), which makes further downside or sideways movement more probable as oversold signals and weak trend strength limit conviction. A break above MA-50 and $2.10 could open room for a short-term recovery toward $2.25, while a loss of support near the Ichimoku Kijun or $1.90 risks renewed selling toward lower weekly levels.

Anton Kharitonov, expert at Traders Union, sees Pendle trading under key moving averages and facing persistent downside momentum. He notes that recent tokenomics changes bring potential for better capital efficiency, but current technical signals remain weak and oversold. The analyst believes any rebound attempt could face resistance unless $2.10 is reclaimed. "Until we see a clear break above $2.10, the base case remains sideways to lower for Pendle."

Previously it was reported that Pendle is exhibiting short-term bullish momentum above its 20-day average but faces resistance at the 50-day moving average and remains under long-term downward pressure beneath the 200-day average. Momentum and volatility are high with several overbought signals, while mixed oscillators and tightening support/resistance suggest a higher probability of near-term consolidation or pullback rather than a sustained upside move.

Source of Data: PENDLE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.