The recent news events highlight a robust performance from the cryptocurrency ENA Coin, also known as Ethena. ENA has maintained strong upward momentum, with its price expected to hit $1.72. Notable factors contributing to its recent rally include the launch of Ethenaβs 2025 Roadmap, as well as the successful rollout of USDtb Stablecoin backed by BlackRock's Tokenized Real World Assets (RWA). The introduction of this stablecoin is viewed as a key step in mitigating the risks associated with its previously launched stablecoin, USDe.
Ethena is also gaining recognition from investment giants like Grayscale, being listed as a high potential token for Q1 2025. This coin has gained further prominence following a partnership with World Liberty Financial, backed by Donald Trump. Furthermore, Ethena is seeking to solidify its foothold in the traditional finance sphere (TradFi) through the introduction of a synthetic dollar detailed in its 2025 roadmap.
A report from Grayscale also outlines the inclusion of Ethena on its Q1 2025 list of Top Tokens, highlighting Solana DeFi apps and AI launchpads. Lastly, in major news, World Liberty Financial, an organization backed by Donald Trump, purchased 741,687 ENA tokens.
ENA Coin News Analytics from Thu, 28 Mar 2024 12:24:32 GMT to Mon, 06 Jan 2025 14:00:00 GMT - Rating 8 - Innovation 7 - Information 5 - Rumor 1