Ethena (ENA) is showcasing some significant uptrends and the market prospects seem largely positive. At $0.55, the crypto is defending its support level with a possible breakout to $0.80. A major development is Ethena's entry into the crypto treasury trend with a bulky $360M deal and getting listed on Binance for USDe. In addition to this, well-known crypto trader Arthur Hayes suggests a potential 3000% increase for Ethena and ETHFI in the incoming stablecoin supercycle. Amidst the market volatility, Ethena holds strong subsequently triggering more investment. Another bullish prediction pins ENA to reach a $1 milestone due to a $10B TVL and Golden Cross. Ethena is partnering with Jupiter to launch a native Solana stablecoin, JupUSD, which signals potential growth in investment and user interest. Despite temporary unlocks leading to a 40% crash, ENA managed to fuel strong recoveries, attracting more institutional buying. Middle East expansion likely through M2 Capital's $20M investment and also, a bid by Ethena for the issuance of Hyperliquidβs USDH stablecoin. Lastly, the bullish sentiment persists despite market pressure, with an Analysts prediction of potential price surge toward $10 by 2031.
ENA Coin News Analytics from Mon, 21 Jul 2025 07:00:00 GMT to Wed, 03 Dec 2025 16:50:29 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 5