Despite the overall decline in the cryptocurrency market, Pendle (PENDLE) has shown growth of 17% this week, approaching its capitalization to the $1 billion mark. Pendle is currently trading at $6.23, while just a day ago its price was $4.90.

The Pendle token is ranked 84th in the CoinGecko ranking. Pendle's trading volume increased significantly, reaching $115 million. This likely contributed to the token's price rise, as increased liquidity and demand pushed the price higher.

Since its inception on November 14, 2022, Pendle has increased by 18,320% since its low of $0.33. Pendle is actively developing its protocol and expanding its ecosystem, including Ethereum, Arbitrum, Optimism and BNB Chain.

Arweave (AR) is gaining attention in the cryptocurrency market with its innovative blockchain technology. According to the latest data, Arweave is trading at $27.53 per token, with a capitalization of $1.8 billion and a 24-hour trading volume of $82.3 million.

Toncoin (TON) recently reached new all-time highs, posting a 15% price increase over the past month. This jump lifted Toncoin into the top 10 cryptocurrencies by capitalization. TON is now valued at $17.8 billion.