ENA Surges 6.75% Amid Whale Activity, Exchange Outflows, and Bullish Recovery Momentum
Ethena (ENA) is currently trading at $0.3908 on Binance, reflecting a 6.75% price increase over the past 24 hours, with notable trading volume and a circulating supply of 5.82 billion ENA. The recent price movement is attributed to large whale transactions, significant net outflows from major exchanges, and a recent long liquidation event, alongside continued recovery momentum following the May 5 token unlock and recent technical bullish signals. These factors, combined with a series of strong price gains earlier in May, have contributed to heightened trading activity and renewed investor interest, driving the latest upward price action.
ETH Surges 3.18%, Trading Volume Reaches $13.37B
Ethereum (ETH) is currently trading at $2,584.89 with a 24-hour price increase of 3.18% and a trading volume of $13.37 billion, maintaining strong liquidity and a market capitalization of $310.25 billion. The recent price movement is attributed to ongoing macroeconomic developments, including heightened global trade tensions and volatility following the announcement of a 50% tariff on European Union imports by former U.S. President Donald Trump, as well as the continued impact of the Pectra network upgrade, which has supported market confidence and driven significant trading activity despite recent large-scale sell-offs and competition from other blockchain networks.
🚀 $BNB Eyes Breakout — Will Momentum Return Stronger Than Ever?
BNB is consolidating above $665. The price is showing indications of improvement and may rise further.
BNB price is trying to rebound from $655.
The price is below $675 and the 100-hour SMA.
Break over a connecting negative trend line with resistance at $665 on the hourly BNB/USD chart.
To rise soon, the pair needs hold above $660.
BNB price seeks steady gains
BNB price rose after building a base above $652. Ethereum and Bitcoin moved over $655 and $665 barrier levels.
A good rise over the 23.6% Fib retracement level of the latest collapse from $691 swing high to $653 low occurred. In addition, the BNB/USD hourly chart broke above a negative trend line with resistance around $665.
The price is below $675 and the 100-hour SMA. Price may find resistance at $672 on the upside. It is around the 50% Fib retracement level of the latest slide from $691 swing high to $653 low.
Near $677 is the next resistance. A decisive break above $677 might boost prices. In this instance, BNB may reach $680. A closing over $680 barrier might lead to a surge above $685. If gains continue, $700 may be tested.
Another Fall?
BNB may decrease if it fails to break $675 barrier. Initial negative support is $665. Near $662 is the next important support.
The major funding is $655. If the price breaks $655, it might fall to $650. More losses might cause a drop to $642.
Tech Indicators
Hourly MACD - BNB/USD MACD is rising in the positive zone.
Hourly RSI (Relative Strength Index): BNB/USD is over 50.
Major Support Levels: $662, $655.
Key Resistance Levels: $672, $680.
#bnb #MarketRebound #TrumpTariffs #SaylorBTCPurchase $BNB $BTC
🔍 What is Pepe Coin $PEPE )?
Pepe Coin (PEPE) is a deflationary meme coin launched on the Ethereum blockchain in 2023. It gained significant attention by capitalizing on the popularity of meme coins like Dogecoin and Shiba Inu. The project is characterized by its no-tax policy and a deflationary nature, aiming to increase its market cap during "memecoin season" and establish itself as a notable meme-based digital asset. Coinbase+2Coinbase+2UseTheBitcoin+2Bybit+1Coinbase+1
📊 Current Market Data (as of May 26, 2025)
Price: Approximately $0.00001415 USD
Market Cap: Around $5.95 billion USD
24-Hour Trading Volume: Approximately $1.5 billion USD
Circulating Supply: 420.69 trillion PEPE coins
All-Time High: $0.00002803 USD (December 10, 2024)
All-Time Low: $0.000000055142 USD (April 18, 2023)Crypto.com+8Bybit+8Binance+8Coinbase+3Binance+3Bybit+3
Despite its substantial market cap, PEPE's price remains well below $1 due to its massive circulating supply. Achieving a $1 price point would require a market capitalization exceeding $420 trillion, which is highly improbable under current conditions.
🚀 Future Outlook
Analysts have projected potential price ranges for PEPE in the coming months:
July 2025: Estimated price between $0.00005815 and $0.00007182, with a monthly average of $0.00006806. Binance+3Binance+3Analytics Insight+3
While these projections suggest potential growth, it's essential to consider the inherent volatility and risks associated with meme coins.
✅ Where to Buy PEPE
PEPE is available on several major exchanges, including:Coinbase
⚠️ Important Considerations
Market Volatility: Meme coins like PEPE are highly speculative and can experience significant price fluctuations.
Investment Risk: Due to their speculative nature, investing in meme coins carries substantial risk.
Research: Always conduct thorough research and consider consulting with a financial advisor before making investment decisions.