Pendle, a tokenization platform, has achieved a new all-time high in total value locked (TVL), exceeding $7.021 billion. This milestone coincides with the anticipation of significant developments, including the upcoming launches of HyperEVM, Boros, and Converge. HyperEVM is expected to enhance cross-chain interoperability, while Boros will expand Pendle's ecosystem for yield-bearing assets. The Converge collaboration aims to advance on-chain finance by enabling yield-trading across multiple assets. These developments, along with stablecoin growth and protocol expansion, are positioning Pendle for further growth in the DeFi sector. Currently trading at $4.72, Pendle's recent performance and strategic initiatives suggest a positive trajectory in the decentralized finance space.