Pendle (PENDLE) Launches New Staking Model, Price Rises 9%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 20 2026- Price Recovery: Pendle's price is showing signs of recovery near the key resistance level of $2.35, currently trading at $2.07, reflecting a 9% increase over the past 24 hours, indicating renewed market confidence.
- Volume Surge: In the last 24 hours, Pendle's spot trading volume surged by 34% to $63 million, suggesting increased market participation and a rebound in trading activity.
- Staking Model Update: Pendle announced the replacement of vePENDLE with sPENDLE, a new liquid staking token that shortens the lock-up period to 14 days, expected to enhance capital efficiency and reduce token emissions by approximately 30%.
- Technical Analysis Outlook: Pendle's price remains stable above $2.00, with a potential breakout above $2.35 that could push prices towards $2.60; however, a drop below $1.95 may indicate increased selling pressure.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
