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PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility

  • The coin has expanded its presence beyond Ethereum.
  • Users can now enjoy streamlined cross-chain swaps through Stargate Finance.
  • Pendle boasts the highest positive sentiment in all DeFi coins in the past seven days.

Digital tokens painted price charts red on Wednesday as markets brace for the Fed’s rate policy.

Pendle extended its weekly losses to over 6% after losing 2% in the past 24 hours.

Intensified profit-booking after the recent growth contributes to PENDLE’s weakness.

However, the altcoin appears poised for a significant rebound as bullish catalysts emerge.

The team has confirmed that PENDLE is officially live on HyperEVM and BeraChain.

It represents a key step in Pendle’s multi-chain ambitions as it aims to push boundaries in decentralized finance (DeFi) yield trading.

Meanwhile, the expansion comes as the altcoin experiences bullish sentiments.

Data show PENDLE had the highest positive sentiments across all DeFi currencies over the past week.

With more individuals exploring Pendle, is a significant breakout on the horizon?

Pendle smoothens cross-chain access

The best thing about this development is the Stargate Finance integration.

It allows users to bridge between Ethereum, HyperEVM, and BeraChain smoothly.

That means users can access Pendle’s flourishing ecosystem regardless of their chain.

Moreover, the integration promises less friction, faster access, and fewer fees.

This is a game-changer for investors and DeFi enthusiasts.

Stargate’s bridge promises smoother capital flow across chains to solve one of the primary bottlenecks in DeFi – interoperability.

Furthermore, the move unlocks more utility for the PENDLE token in new liquidity hubs as HyperEVM and BeraChain protocols navigate Pendle’s yield markets.

Positive sentiments dominate the Pendle ecosystem

Multiple tracking platforms show PENDLE was the most positively discussed DeFi project over the past week.

It is beyond price actions.

The trend reflects the depth and tone of conversations about Pendle on crypto forums and social platforms like X and Telegram groups.

Such sentiments often indicate market direction.

It shows smart money watching the assets and possibly repositioning before bullish catalysts surface.

Rising bullish chatter and listing on new platforms shows Pendle is attracting attention and confidence as it solidifies its presence in the DeFi industry.

PENDLE price outlook

The altcoin traded in red, losing over 2% in the past 24 hours.

PENDLE hovers at $4.37, with a weakening trading volume reflecting dominant bearish tendencies in the broad market.

Also, it experienced considerable profit-taking after the latest rally from $3.2633 on 4 June to last week’s $4.8747.

Nonetheless, PENDLE hasn’t ruined its bullish structure. It trades well above the key support barriers of $3.60 and $2.80.

Continued declines to these levels could catalyze massive buying interest, if history repeats itself.

Bullish bounce-backs may clear the path for stable rallies toward $5.20 before extending to the psychological barrier at $7.

That would be an approximately 60% increase from PENDLE’s market price.

However, the $6.0 – $6.5 region will be a vital breakout area.

A decisive weekly closing above this zone could trigger intensified buying and propel PENDLE to the target at $12.0 – $14.

The post PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility appeared first on CoinJournal.

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XDC Network price forecast amid Binance US listing news

  • XDC Network token price surged above $0.10 after the Binance.US listing news.
  • The token’s price has since dipped, but it still holds strong above key support at $0.085.
  • Fundamentals like LayerZero and ETP launch fuel the uptrend.

The XDC Network has been gaining traction in recent weeks, and its latest listing on Binance.US has only amplified the growing market interest.

After months of steady progress, the blockchain project is now in the spotlight following a sharp price movement and renewed investor confidence.

Binance US listing sends XDC price soaring

On July 30, Binance.US officially opened trading for the XDC/USDT pair, following a brief deposit window that allowed users to prepare their accounts in advance.

The announcement, which was made on July 29, pushed XDC prices sharply higher, with the token rallying more than 11% within 24 hours. It climbed from around $0.08985 to briefly break above the key $0.10 resistance, peaking near $0.10167.

This move was not just about speculative hype. The breakout was supported by consistent trading volume and a steady formation of higher lows, indicating that buyers were stepping in rather than exiting the market.

The surge through the psychological $0.10 level signalled a return of bullish sentiment, which could set the stage for further gains if momentum continues to build.

Healthy pullback hints at a strategic entry

Despite the initial rally, XDC experienced a modest retracement after touching the $0.10 mark.

However, the dip has been largely viewed as a healthy correction within a broader uptrend.

Importantly, the token remains well above its 20-day exponential moving average, which has consistently acted as dynamic support during the recent rally.

XDC Network token price chart

The price is now hovering around the $0.098 mark, with the $0.085–$0.088 region emerging as a critical support zone. This area coincides with former resistance and trendline support, making it a strong demand level.

Should buyers defend this zone, the token could make another attempt at breaking above its recent high, potentially targeting $0.105 or even $0.115 in the near term.

Strong fundamentals are driving the uptrend

The recent price movements are not happening in isolation.

Several strong fundamental factors have been reinforcing XDC’s upward momentum. Chief among them is its successful integration with LayerZero, which went live on July 9.

This cross-chain upgrade has enabled seamless and zero-slippage transfers between XDC and major networks like Ethereum and Solana. This has significantly boosted XDC’s utility and interoperability, making it more attractive to both developers and long-term investors.

Additionally, institutional interest in XDC is growing. The launch of the 21Shares XDC ETP on Euronext Amsterdam and Paris earlier this month marked a major milestone in XDC’s journey toward mainstream adoption.

On top of that, its partnership with Archax — a regulated digital securities exchange — has positioned XDC well for compliance under the EU’s Markets in Crypto-Assets (MiCA) framework, signalling an alignment with regulatory expectations.

What traders should watch for next

With the Binance.US listing now live, traders are closely watching how the market reacts in the days following the event.

While early price spikes are common during major listings, sustained growth depends on volume retention and broader market sentiment.

XDC’s ability to maintain support above the $0.085 zone could be crucial in determining its short-term direction.

If buyers continue to defend this level, and if broader crypto markets remain stable, XDC could soon challenge its next resistance levels at $0.11 and $0.12.

However, a failure to hold key support could open the door for a retest of the $0.080 area, which may unsettle short-term bulls.

For now, the current dip could be a potential buy-the-dip opportunity within a strong uptrend.

The post XDC Network price forecast amid Binance US listing news appeared first on CoinJournal.

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Ethereum price forecast: Ether’s daily level at $3,730 remains strong

Key takeaways

  • ETH is down 2% in the last 24 hours and has dropped below $3,800.
  • The coin could rally towards $4k soon amid growing institutional demand.

ETH dips below $3,800 ahead of FOMC

The cryptocurrency market is bearish ahead of today’s FOMC meeting. Bitcoin has dropped below $119k while Ether is down 2% over the last 24 hours, but continues to defend the daily support level at $3,730.

The U.S. Federal Reserve is expected to leave the interest rate unchanged later today, and this could negatively affect BTC and other major cryptocurrencies. Despite that, ETH’s price continues to hold above a key level thanks to growing institutional demand.

In an email to Coinjournal, XBTO’s Chief Investment Officer, Javier Rodriguez-Alarcón, pointed out that institutional demand for Ether remains strong. He stated that,

“Ethereum’s institutional momentum accelerated last week as record ETF inflows and major fund launches signaled a decisive shift in crypto capital allocation. While Bitcoin held steady, the clear winner was ETH, which continues to attract both passive and active institutional money seeking yield and utility over pure store-of-value exposure. 

This week brings critical macro tests: Wednesday’s FOMC rate decision, Tuesday’s JOLTS job openings data, and July ADP employment figures all have the potential to amplify or reverse current trends as Bitcoin approaches $120,000. Ethereum extended its rally last week, climbing another +3.6% and bringing its month-to-date gain to +55.9%. After a slow start to the year, ETH is now up +16.3% in 2025, marking a full turnaround and a clear shift in investor focus.”

ETH eyes $4k if $3,730 support holds

The ETH/USD 4-hour chart is bearish thanks to the market’s poor performance over the last few days. The technical indicators remain bearish, suggesting that the bears are still in control.

ETH/USD 4-hour chart

At press time, ETH is trading at $3,794 per coin. If the daily support at $3,730 holds, ETH could resume its upward rally, targeting its key psychological level of $4,000. The RSI of 55 is approaching the neutral zone, suggesting that the bullish momentum is fading. The MACD line is also set to crossover into the bearish zone, indicating a selling bias.

On the other hand, if Ether faces a correction and closes below the daily support at $3,730,  the bearish momentum could extend to the next support at $3,500 over the coming hours.

The post Ethereum price forecast: Ether’s daily level at $3,730 remains strong appeared first on CoinJournal.