The three altcoin kings collectively erupted! PENDLE big pump of 25% approaching its yearly high, MNT golden cross aims for 1.41, AERO rise channel locks in at 1 dollar | 2025 Decentralized Finance resurgence.

Trump Crypto Assets 401(k) pension policy ignites altcoin frenzy, DeFi yield protocol leader Pendle (PENDLE) surged over 25% in 24 hours, reaching the highest price of $5.59 since January 7, with technical indicators showing a MACD golden cross pattern and RSI 66 confirming bullish momentum. Layer 2 rising star Mantle (MNT) successfully broke through the wedge consolidation range, returning to the critical psychological level of $1.00, with the 50-day EMA breaking above the 100-day EMA forming a golden cross, target price of $1.41 corresponding to 30% rise potential. Base ecosystem DEX leader Aerodrome Finance (AERO) shows strong rebound within the rising channel, breaking through the 50% Fibonacci retracement level of $0.81, RSI 56 breaking above neutral level, technical target locked at 61.8% retracement level of $1.04. The total market capitalization of the three major alts increased by over $5 billion in 24 hours, indicating that DeFi Summer 2.0 is about to arrive.

Policy Tailwind: 401(k) Pension Unlocking Ignites DeFi Sector Revival

The far-reaching impact of the Trump administration's pension reform policy is spreading from mainstream coins to the DeFi vertical track. Allowing cryptocurrencies to be included in 401(k) retirement accounts not only brings incremental funds to blue-chip coins like BTC and ETH, but also creates institutional-level allocation demand for DeFi protocol tokens that have practical application scenarios.

The logic of capital rotation is becoming clearer: After the mainstream coins have completed their initial rise, smart money begins to shift towards high beta quality alts, seeking higher risk-adjusted returns. PENDLE, MNT, and AERO represent the three most promising segments in DeFi yield protocols, Layer 2 infrastructure, and DEX ecosystems.

Market Sentiment Indicator Further Confirms Recovery Trend: The Cryptocurrency Fear and Greed Index quickly climbed from 42 (Fear) on Tuesday to 68 (Greed) on Friday, indicating a significant rebound in investor risk appetite, providing emotional support for alts market.

PENDLE Technical Breakthrough: The Leader of the Yield Protocol Reigns Supreme Again

(Source: Trading View)

Pendle Protocol, as the absolute leader in the DeFi yield derivatives space, has seen its token PENDLE perform strongly, serving as a barometer for the current altcoin rebound. As of Friday's report, PENDLE continued Thursday's explosive rise of 25%, with an additional increase of 2%, reaching a price of $5.59, marking a new high since January 7.

Technical analysis shows a perfect bullish configuration: The MACD indicator has successfully crossed above the signal line, issuing a clear buy signal, and bullish momentum is making a comeback. The daily chart RSI indicator has reached 66, advancing into the overbought zone, indicating that buying pressure continues to strengthen, and there is still upward momentum in the short term.

Fundamentals remain strong: The total locked value of the Pendle protocol (TVL) has surpassed 8 billion USD, representing an increase of over 300% compared to the same period last year. As demand for yield trading continues to heat up in a high-interest rate environment, the governance value and fee capture capability of the PENDLE token will be further highlighted.

Risk Control: If PENDLE falls below the key support level of $4.84, the bullish rebound will be declared invalid, with a pullback target at the 50-day EMA of $4.10, corresponding to approximately 20% of correction space.

MNT golden cross: Layer 2 rising star hits previous high of 1.41 USD

(Source: Trading View)

Mantle Network, as a Layer 2 solution incubated by BitDAO, has exhibited textbook-level technical breakthroughs in the performance of its native token MNT. Following a big pump of 20% on Thursday, MNT rose again by 4% on Friday, successfully returning to the psychological barrier of $1.00 and is currently challenging the 78.6% Fibonacci level at $1.16.

Wedge Breakout Confirmation Without Doubt: MNT has successfully broken through the upper trendline of the long-term descending wedge that has suppressed prices, which is a typical reversal signal. Combined with the current price being close to the 78.6% retracement level of the range from the January 6 high of $1.41 to the July 1 low of $0.55, the upward potential is further opened.

Moving Average System Shows Perfect Alignment: The 50-day EMA has successfully broken through the 100-day EMA and is gradually approaching the 200-day EMA. Once the triple golden cross is formed, it will establish a bullish trend in the medium to long term. The MACD double lines are moving upward synchronously, the green histogram continues to expand, and bullish momentum is accelerating.

Target Price Forecast: If MNT successfully breaks through the resistance level of 1.16 USD, the next technical target will be aimed at the previous high of 1.41 USD, corresponding to an approximately 30% rise potential from the current price level.

Retracement Support: If a technical correction occurs, the 61.8% Fibonacci level at $0.99 will provide key support.

AERO Rising Channel: Base Ecosystem DEX Returns as the King

(Source: Trading View)

The revival of Aerodrome Finance's governance token AERO marks the comprehensive rise of the Base ecosystem. After a 15% single-day pump on Thursday, AERO remains stable, with technical patterns indicating that a new positive cycle within the rising channel has begun.

Fibonacci breakout is significant: AERO has successfully broken through the 50% retracement level of $0.81 (calculated from the high of $2.33 on December 12 to the low of $0.28 on April 7), with the next technical target set at the 61.8% retracement level of $1.04, corresponding to an approximate 25% rise potential.

Technical Indicators Strengthening: RSI reading at 56, successfully breaking through the neutral 50 level, with buying pressure continuing to strengthen. The MACD line is about to cross above the signal line, and the potential golden cross signal indicates that bullish momentum is reviving.

Fundamental Catalyst: The number of daily active users on the Base chain has surpassed 1 million, with a TVL exceeding $3.5 billion. Aerodrome's position as a liquidity hub within the ecosystem is becoming increasingly solidified. As more traditional financial institutions enter DeFi through CEX, AERO will directly benefit from the ecosystem's traffic dividends.

Risk Scenario: If AERO breaks below the support level of $0.81, the retracement target is $0.75 at the 100-day EMA.

Race Track Rotation Logic: Funding relay from infrastructure to application layer

The current altcoin market shows clear characteristics of track rotation: Layer 2 infrastructure (MNT) took the lead, followed by the DeFi yield protocol (PENDLE), and the DEX ecosystem leader (AERO) completed the relay, forming a complete capital transmission chain from underlying technology to application scenarios.

Configuration Logic Analysis:

PENDLE: Benefiting from the explosive demand for yield trading, suitable for aggressive investors seeking α returns.

MNT: Positioned as an infrastructure investment target, backed by BitDAO resources and modular technology.

AERO: Enjoy the Base ecosystem dividends and CEX traffic, featuring stable cash flow characteristics.

Market Capitalization Comparison: The current total market capitalizations of the three major tokens are 3.5 billion (PENDLE), 3.2 billion (MNT), and 1.5 billion (AERO) USD, which still shows significant valuation recovery space compared to mature DeFi protocols like Uniswap.

Conclusion

The collective explosion of the three major alts, PENDLE, MNT, and AERO, marks the official opening of DeFi Summer 2.0. Trump's 401(k) pension policy not only brings incremental funds to mainstream coins but also opens a window for institutional-level allocations for DeFi protocol tokens that possess real application value. The multiple breakthroughs in technical aspects and continuous improvements in fundamentals create a Davis double play effect, providing investors with a rare opportunity for value discovery. It is recommended that investors adopt a layered allocation strategy: use PENDLE to capture the bonuses from the yield protocol explosion, layout MNT for Layer 2 infrastructure, and share the growth of the Base ecosystem with AERO. However, attention must be paid to the high volatility of alts, and proper position management and risk control are essential. Risk reminder: Cryptocurrency investment carries extremely high risks, with significant price fluctuations. Please invest cautiously according to your personal risk tolerance and avoid blindly chasing highs.