ENA Coin has been making significant strides in the crypto space, which could potentially improve its value. The future potential for price gains is partly attributed to
Machine Strength which led to a
10% price increase. Backed by
BlackRock's $500M BUIDL Fund, Ethena launched a
USDtb stablecoin aiming to minimize USDe risks. This move sparked a 16% jump in the ENA price, following the release of
Ethena's 2025 roadmap. Surprisingly, the price went up 7% as the
USDe made it to the top three stablecoin list.
Donald Trump is linked to this trend by acquiring worth of Ethereum, Chainlink, Ethena and others before his inauguration, and his World Liberty threw around $100M on WBTC, ETH and other tokens. The ENA coin also saw increased interest from
Arthur Hayes, which caused a
22% jump in price. Although there seems to be a sell-off ahead, ENA's future looks promising. The coin's pricing potential is backed by assertions like '
ENA Eyes $0.70 in 2024' and '
$5 by 2030'. The rise of ENA coin also seems to correlate with diversified investments from Chainlink whales, along with strategic partnerships. Ethena Labs partnership with
Trump’s World Liberty Financial is a huge step forward. Lastly, Ethena’s ENA token appears to be rallying on
USDe integration by Deribit.
ENA Coin News Analytics from Thu, 28 Mar 2024 12:24:32 GMT to Wed, 29 Jan 2025 09:48:14 GMT -
Rating 7
- Innovation 9
- Information 8
- Rumor 4
