ENA Token Surges 6.97% Amid Whale Activity, Binance Listing, and $1.48B Trading Volume

Ethena (ENAUSDT) has experienced a notable price increase of 6.97% in the last 24 hours, with the current price at $0.8167 and a 24-hour opening price of $0.7635. The price surge is primarily attributed to significant whale activity, including a 5 million ENA deposit into Binance by wallet 0x877, and the recent listing of Ethena USDe for spot trading on Binance, which has boosted market sentiment and trading volume. Additionally, Ethena Labs' partnership with Hyperliquid and positive market commentary have contributed to increased investor interest. ENAUSDT saw a trading volume of over $1.48 billion in the past day, reflecting heightened activity and strong momentum, with the asset ranking #39 by market capitalization at approximately $5.58 billion.