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Ethena

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EyeOnChain
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Bearish
Wallet Linked to #Ethena Labs Deposits 13.94M $ENA to Binance In the past six hours, a wallet linked to #ethena Labs — 0xc50EC622B9Da9A15695f394B06655C4731FAa833 — deposited 13.94 million ENA (worth $4.66 million) to #Binance . Interestingly, these tokens were released from an Ethena Labs contract just three days ago. Given the timing and the address activity, it’s likely that this whale is either an investor or part of the Ethena project team itself.
Wallet Linked to #Ethena Labs Deposits 13.94M $ENA to Binance
In the past six hours, a wallet linked to #ethena Labs — 0xc50EC622B9Da9A15695f394B06655C4731FAa833 — deposited 13.94 million ENA (worth $4.66 million) to #Binance .
Interestingly, these tokens were released from an Ethena Labs contract just three days ago.
Given the timing and the address activity, it’s likely that this whale is either an investor or part of the Ethena project team itself.
⭐️👀 **Three Altcoins to Watch in 2025: HyperLiquid, Ethena, and Toncoin** 👀📊 • Key Points: 🔑🔴 • **HyperLiquid, Ethena, and Toncoin** are exciting altcoins gaining traction in **2025.** • HyperLiquid’s decentralized trading platform shows strong trading volumes. • Ethena’s innovative stablecoin model offers stability and yield. • Toncoin leverages Telegram’s user base for real-world adoption. • Crypto investments are volatile; always research before investing. **HyperLiquid: Trading Powerhouse** HyperLiquid $HYPER is a decentralized exchange for perpetual futures, boasting $12 billion in trading volume in December 2024 (Binance). Its on-chain order book ensures transparency, making it a favorite among traders. **Ethena: Stablecoin Innovator** Ethena $ENA offers USDE, a synthetic dollar backed by Bitcoin and Ethereum, with a 16% price surge recently (Binance). Its staking yields attract investors seeking stability and growth. **Toncoin: Telegram’s Crypto Bet** Toncoin $TON , tied to Telegram, powers dApps and payments for millions of users (Binance). Its scalability and adoption potential make it a standout. Why Watch These? 👀🤔 These coins align with 2025’s trends: decentralized trading, stablecoin innovation, and mass adoption. They’re worth tracking, but crypto’s volatility calls for careful research. ❗️❗️🤚🏽📄 ♥️📄 Thank you for reading! If you're still here, feel free to share, follow, or like if you enjoyed it. Wishing you all the best! ♥️📈 {spot}(HYPERUSDT) {spot}(ENAUSDT) {spot}(TONUSDT) 💬 Hashtags ----- useless for you <3 #crypto2025 #altcoingems #Hyperliquid #ethena #Toncoin
⭐️👀 **Three Altcoins to Watch in 2025: HyperLiquid, Ethena, and Toncoin** 👀📊

• Key Points: 🔑🔴

• **HyperLiquid, Ethena, and Toncoin** are exciting altcoins gaining traction in **2025.**
• HyperLiquid’s decentralized trading platform shows strong trading volumes.
• Ethena’s innovative stablecoin model offers stability and yield.
• Toncoin leverages Telegram’s user base for real-world adoption.
• Crypto investments are volatile; always research before investing.

**HyperLiquid: Trading Powerhouse**
HyperLiquid $HYPER is a decentralized exchange for perpetual futures, boasting $12 billion in trading volume in December 2024 (Binance).
Its on-chain order book ensures transparency, making it a favorite among traders.

**Ethena: Stablecoin Innovator**
Ethena $ENA offers USDE, a synthetic dollar backed by Bitcoin and Ethereum, with a 16% price surge recently (Binance). Its staking yields attract investors seeking stability and growth.

**Toncoin: Telegram’s Crypto Bet**
Toncoin $TON , tied to Telegram, powers dApps and payments for millions of users (Binance). Its scalability and adoption potential make it a standout.

Why Watch These? 👀🤔

These coins align with 2025’s trends: decentralized trading, stablecoin innovation, and mass adoption. They’re worth tracking, but crypto’s volatility calls for careful research. ❗️❗️🤚🏽📄

♥️📄 Thank you for reading! If you're still here, feel free to share, follow, or like if you enjoyed it. Wishing you all the best! ♥️📈



💬 Hashtags ----- useless for you <3
#crypto2025 #altcoingems #Hyperliquid #ethena #Toncoin
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Collette Zaborac JUPgابو يحيى العسكري:
Oh God
📊 Ethena price explodes 17% on breakout – is $0.70 next? Ethena has ripped over 17% in the past 24 hours, breaking out of a long-standing falling wedge pattern and igniting bullish momentum that could send prices soaring toward $0.70. Ethena (ENA) is up over 17% over the past 24 hours, currently trading at $0.34. Today’s surge comes after a clear breakout from a long-forming falling wedge pattern on Tuesday, with a bullish marubozu candle piercing the upper trendline and pushing price above both the 20-day EMA. Today’s candle is also challenging the 50-day SMA, indicating a shift in medium-term momentum. This breakout is supported by momentum indicators, with the RSI climbing to 55.84 and the MACD printing a bullish crossover with the MACD line rising above the signal line and a green histogram beginning to form. ATR shows low volatility, which often precedes big moves as volatility tends to expand after compressing, meaning the breakout is likely to print more legs. Ethena’s surge comes amid a broader market rebound, with Bitcoin (BTC) nearing $95,000 and Ethereum (ETH) edging towards $1800 as trade war concerns cool. Looking ahead, the first major resistance lies around $0.45—a key level where ENA was repeatedly rejected in February and March, and which also aligns with the upper boundary of the falling wedge. A more aggressive short-term target, based on the measured move of the wedge, points to the $0.70–$0.72 range. The bullish outlook would be invalidated if ENA fails to hold above the $0.30 level where the breakout occurred. If that happens alongside the RSI dropping back below 50 and a bearish MACD crossover, the downtrend is likely to resume. #Ethena #ENA {spot}(ENAUSDT)
📊 Ethena price explodes 17% on breakout – is $0.70 next?

Ethena has ripped over 17% in the past 24 hours, breaking out of a long-standing falling wedge pattern and igniting bullish momentum that could send prices soaring toward $0.70.

Ethena (ENA) is up over 17% over the past 24 hours, currently trading at $0.34. Today’s surge comes after a clear breakout from a long-forming falling wedge pattern on Tuesday, with a bullish marubozu candle piercing the upper trendline and pushing price above both the 20-day EMA. Today’s candle is also challenging the 50-day SMA, indicating a shift in medium-term momentum.

This breakout is supported by momentum indicators, with the RSI climbing to 55.84 and the MACD printing a bullish crossover with the MACD line rising above the signal line and a green histogram beginning to form.

ATR shows low volatility, which often precedes big moves as volatility tends to expand after compressing, meaning the breakout is likely to print more legs.

Ethena’s surge comes amid a broader market rebound, with Bitcoin (BTC) nearing $95,000 and Ethereum (ETH) edging towards $1800 as trade war concerns cool.

Looking ahead, the first major resistance lies around $0.45—a key level where ENA was repeatedly rejected in February and March, and which also aligns with the upper boundary of the falling wedge.

A more aggressive short-term target, based on the measured move of the wedge, points to the $0.70–$0.72 range.

The bullish outlook would be invalidated if ENA fails to hold above the $0.30 level where the breakout occurred. If that happens alongside the RSI dropping back below 50 and a bearish MACD crossover, the downtrend is likely to resume.

#Ethena #ENA
$ENA Coin: Turn $100 into $1,000? The Midterm Crypto Gem You Can’t Ignore! 🚨🚨Want a realistic midterm play that could 10x your money ? Let’s talk about $ENA —the hidden gem with the potential to turn $100 into $1,000 if you play it right. Here’s how. 🔥 Why ENA is a Perfect Midterm Play?? Unlike meme coins that pump & dump, Ethena Labs’ $ENA has real utility, strong backing, and a sustainable yield model. Here’s why it’s primed for growth: ✅ High-Yield Demand – Ethena’s USDe offers up to 30% APY , attracting massive capital. ✅ Institutional Support – Backed by Binance, OKX, Arthur Hayes, and top VCs . ✅ Bull Market Fuel – DeFi & synthetic dollars are just getting started . ✅ Strong Price Action – ENA has held key support levels, signaling accumulation phase . 📈 How to Turn $100 into $1,000 with ENA (Step-by-Step Strategy) 1️⃣ Buy the Dip – Look for entries below $1.00 (ideal midterm accumulation zone). 2️⃣ Stake & Earn– Lock up ENA or USDe to earn passive yield while holding. 3️⃣ Ride the Wave – As Bitcoin rallies, altcoins like ENA will explode . 4️⃣ Take Profit Smart – Target $3-$5 (3x-5x) first, then let runners go to $10 (10x). ⚠️ Key Risks (Don’t Ignore!) - Market Dumps – If BTC crashes, ENA will dip (buy lower!). - Smart Contract Risk – Still a new protocol (audits are clean, but stay cautious). - Competition - Other synthetic dollar projects could emerge. 🚀 Why ENA Could 10x in 6-12 Months* - More exchange listings = more liquidity & demand. - USDe adoption grows = more fees & value for ENA. - Altseason pumps = high-beta coins like ENA surge hardest. 💬 Your Turn! - Would you invest $100 in ENA for a potential $1K? - What’s your price target? - Staking or trading—which strategy do you prefer? 👇 Drop your thoughts & follow for more 10x midterm plays! #ENA #ethena #10xGem #crypto #altcoins #BinanceSquare #SmartMoney

$ENA Coin: Turn $100 into $1,000? The Midterm Crypto Gem You Can’t Ignore! 🚨🚨

Want a realistic midterm play that could 10x your money ? Let’s talk about $ENA —the hidden gem with the potential to turn $100 into $1,000 if you play it right. Here’s how.

🔥 Why ENA is a Perfect Midterm Play??
Unlike meme coins that pump & dump, Ethena Labs’ $ENA has real utility, strong backing, and a sustainable yield model. Here’s why it’s primed for growth:

✅ High-Yield Demand – Ethena’s USDe offers up to 30% APY , attracting massive capital.
✅ Institutional Support – Backed by Binance, OKX, Arthur Hayes, and top VCs .
✅ Bull Market Fuel – DeFi & synthetic dollars are just getting started .
✅ Strong Price Action – ENA has held key support levels, signaling accumulation phase .

📈 How to Turn $100 into $1,000 with ENA
(Step-by-Step Strategy)

1️⃣ Buy the Dip – Look for entries below $1.00 (ideal midterm accumulation zone).
2️⃣ Stake & Earn– Lock up ENA or USDe to earn passive yield while holding.
3️⃣ Ride the Wave – As Bitcoin rallies, altcoins like ENA will explode .
4️⃣ Take Profit Smart – Target $3-$5 (3x-5x) first, then let runners go to $10 (10x).

⚠️ Key Risks (Don’t Ignore!)
- Market Dumps – If BTC crashes, ENA will dip (buy lower!).
- Smart Contract Risk – Still a new protocol (audits are clean, but stay cautious).
- Competition - Other synthetic dollar projects could emerge.

🚀 Why ENA Could 10x in 6-12 Months*
- More exchange listings = more liquidity & demand.
- USDe adoption grows = more fees & value for ENA.
- Altseason pumps = high-beta coins like ENA surge hardest.

💬 Your Turn!
- Would you invest $100 in ENA for a potential $1K?
- What’s your price target?
- Staking or trading—which strategy do you prefer?
👇 Drop your thoughts & follow for more 10x midterm plays!
#ENA #ethena #10xGem #crypto #altcoins #BinanceSquare #SmartMoney
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Interpretation | Ethena Chain "Converge" Technology and Roadmap (Released on 4/17)Carefully read the entire technical description, directly summarizing a few key points, and briefly explaining their impact on $ENA . Token related USDe and USDtb serve as the underlying Gas tokens for Converge sENA serves as the staked asset for the Converge Validator Network (CVN) Converge, as a blockchain, will not issue new tokens The goal is to introduce institutional capital from traditional finance to achieve the integration of RWA and DeFi. US dollar-pegged stablecoins eliminate price volatility risk and are conceptually friendly, undoubtedly becoming the best choice for traditional finance entering on-chain finance in terms of underlying assets. As always, the function of governance tokens always falls on protecting the validator network.

Interpretation | Ethena Chain "Converge" Technology and Roadmap (Released on 4/17)

Carefully read the entire technical description, directly summarizing a few key points, and briefly explaining their impact on $ENA .

Token related
USDe and USDtb serve as the underlying Gas tokens for Converge

sENA serves as the staked asset for the Converge Validator Network (CVN)

Converge, as a blockchain, will not issue new tokens

The goal is to introduce institutional capital from traditional finance to achieve the integration of RWA and DeFi.
US dollar-pegged stablecoins eliminate price volatility risk and are conceptually friendly, undoubtedly becoming the best choice for traditional finance entering on-chain finance in terms of underlying assets.

As always, the function of governance tokens always falls on protecting the validator network.
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Bullish
Kamil_ dude89
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There Is A High Probability $ENA is going to hit all tp’s and now it is coming a bog bull. The lowest point will be 0.25-0.27 and now it will hit 0.30/0.40/0.50/0.60.
This Pattern Confirms That Ena Already Hit Its Lowest Support And Now Going For New Highs Which Might Take A Month Or Two But Momentum Is Already There Confirming The Uptrend For #ENA .
Please DYOR!
Kamil_ dude89:
keep eyes on btc dominance, if btc get stable here, ena going to pump too hard or if btc crash back 80k zone, sell ena and buy around 0.27
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Bullish
See original
$ENA Nice to see Ena finally returning to the top, undoubtedly a great coin! I managed to buy at extreme levels of overselling, as always smart DCA can save you from a loss. Still recovering from the hard blow of $OM Let's go for it, in this cycle, only the patient will be able to pull money from this market! #ENA #ethena #mantra #om
$ENA Nice to see Ena finally returning to the top, undoubtedly a great coin!

I managed to buy at extreme levels of overselling, as always smart DCA can save you from a loss.

Still recovering from the hard blow of $OM

Let's go for it, in this cycle, only the patient will be able to pull money from this market!

#ENA #ethena #mantra #om
Trevor Stropes ehEw:
Do you think it's still worth it virtual or cookie? Gala or Gun Enj and Ada I have little and lost a lot of money ?!
🌟 $ENA & USDe: 2025’s DeFi Rocket? $10 or $0.80? 💸 Ethena’s $ENA ($1.29) & USDe stablecoin ($5B market cap) are HOT! 🚀 Analysts predict $5–$10 by year-end, fueled by Trump’s stablecoin laws & 100%+ yields. But ⚠️ June’s $500M token unlock could crash it to $0.80. 📉 Watch $1.50–$2 resistance! Will you farm or HODL? Trade on Binance! 💪 #ethena #defi #CryptoNews #Binance #CryptoPrediction
🌟 $ENA & USDe: 2025’s DeFi Rocket? $10 or $0.80? 💸
Ethena’s $ENA ($1.29) & USDe stablecoin ($5B market cap) are HOT! 🚀 Analysts predict $5–$10 by year-end, fueled by Trump’s stablecoin laws & 100%+ yields. But ⚠️ June’s $500M token unlock could crash it to $0.80. 📉 Watch $1.50–$2 resistance! Will you farm or HODL? Trade on Binance! 💪

#ethena #defi #CryptoNews #Binance #CryptoPrediction
ELJOKER1987
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💰💸💸Or hey, maybe you’re not about the hype. Just stake your ATN, chill, and let the gains roll in - no stress, no market timing.💸💸💰💵 ATN$ IS NOW AT A STRONG ENTRY POINT >>> STAKE TO DOUBLE YOUR PROFIT >>
Just COPY THE BELOW LINK AND STAKE NOW 👇🏻👇🏻👇🏻
https://stake.athene.network/register?refCode=DAF75K6S7F👌👌✌️✌️👍👍
#PowellRemarks #VoteToDelistOnBinance #BinanceAlphaAlert #Ethereum #USDT
ATN$
#InvestmentAccessibility #InvestorFocused #InvestSmart #Telegramtoken
⚡️ #Ethena and Securitize to Launch Converge Blockchain Mainnet in Q2 2025 • Tech Stack: Built on Arbitrum and Celestia. • Timeline: Testnet goes live in the coming weeks, mainnet set to launch by the end of Q2 2025. • Gas Tokens: Ethena’s USDe and USDtb will be used for transaction fees. • Security: Converge Validator Network (CVN) will secure the network, requiring validators to stake ENA. • Hybrid Structure: Supports both KYC-free DeFi apps and regulated institutional products, bridging TradFi and crypto. $ETH
⚡️ #Ethena and Securitize to Launch Converge Blockchain Mainnet in Q2 2025

• Tech Stack: Built on Arbitrum and Celestia.
• Timeline: Testnet goes live in the coming weeks, mainnet set to launch by the end of Q2 2025.
• Gas Tokens: Ethena’s USDe and USDtb will be used for transaction fees.
• Security: Converge Validator Network (CVN) will secure the network, requiring validators to stake ENA.
• Hybrid Structure: Supports both KYC-free DeFi apps and regulated institutional products, bridging TradFi and crypto.
$ETH
$ETH ⚡️ Ethena x Securitize: Converge Mainnet Coming Q2 2025 Built on Arbitrum + Celestia USDe & USDtb as gas tokens ENA staking for validator security Hybrid design: KYC-free DeFi + regulated TradFi Testnet soon. Mainnet by Q2 end. #ethena #Web3 #defi #CryptoNew s #
$ETH ⚡️ Ethena x Securitize: Converge Mainnet Coming Q2 2025

Built on Arbitrum + Celestia

USDe & USDtb as gas tokens

ENA staking for validator security

Hybrid design: KYC-free DeFi + regulated TradFi

Testnet soon. Mainnet by Q2 end.

#ethena #Web3 #defi #CryptoNew s #
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year. The Converge chain is setting out to have fast blocktimes, allowing users to pay gas fees through Ethena's USDe and USDtb, while creating security and guardrails via its Converge Validator Network, the two protocols behind the project explained in a tech update shared with CoinDesk. "The idea is that we go on a testnet very soon, in the next few weeks, because we've already been working on this for a while," Carlos Domingo, co-founder and CEO of Securitize, said in an exclusive interview with CoinDesk. "Then, the mainnet: the goal is to do it before the end of Q2." The exact timing of the public rollout also depends on third-party integrations such as Anchorage for custody support, Fireblocks for key management and other DeFi apps the project partnered with, Domingo added. #ethena $ENA {spot}(ENAUSDT)
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.

The Converge chain is setting out to have fast blocktimes, allowing users to pay gas fees through Ethena's USDe and USDtb, while creating security and guardrails via its Converge Validator Network, the two protocols behind the project explained in a tech update shared with CoinDesk.

"The idea is that we go on a testnet very soon, in the next few weeks, because we've already been working on this for a while," Carlos Domingo, co-founder and CEO of Securitize, said in an exclusive interview with CoinDesk. "Then, the mainnet: the goal is to do it before the end of Q2."

The exact timing of the public rollout also depends on third-party integrations such as Anchorage for custody support, Fireblocks for key management and other DeFi apps the project partnered with, Domingo added. #ethena
$ENA
Ethena and Securitize’s RWA blockchain Converge is set to launch in Q2 2025 #Ethena and #Securitize plan to launch #RWA blockchain #Converge by the end of Q2 2025. Converge will offer institutional-grade infrastructure to support large-scale RWA tokenization for leading global financial institutions, fostering broader adoption and more usable onchain finance through seamless RWA and #DeFi integration. Converge will leverage Arbitrum and Celestia for fast blocktimes, use $USDe and $USDtb as gas tokens, and secure its validator network with staked $ENA . 👉 coindesk.com/tech/2025/04/16/ethena-securitize-target-q2-mainnet-launch-for-rwa-focused-blockchain-tap-arbitrum-celestia
Ethena and Securitize’s RWA blockchain Converge is set to launch in Q2 2025

#Ethena and #Securitize plan to launch #RWA blockchain #Converge by the end of Q2 2025. Converge will offer institutional-grade infrastructure to support large-scale RWA tokenization for leading global financial institutions, fostering broader adoption and more usable onchain finance through seamless RWA and #DeFi integration. Converge will leverage Arbitrum and Celestia for fast blocktimes, use $USDe and $USDtb as gas tokens, and secure its validator network with staked $ENA .

👉 coindesk.com/tech/2025/04/16/ethena-securitize-target-q2-mainnet-launch-for-rwa-focused-blockchain-tap-arbitrum-celestia
Ethena Labs and Securitize Unveil Converge: A High-Speed Blockchain to Bridge DeFi and Real-World AsIn a bold move toward unifying decentralized finance (DeFi) with traditional finance (TradFi), Ethena Labs, the creator of the synthetic stablecoin USDe, and financial tech firm Securitize have revealed their preliminary roadmap for a new blockchain initiative named Converge. Announced via Cointelegraph, the project is poised to become a critical infrastructure layer for the next generation of digital finance — one where real-world assets (RWAs) and permissionless DeFi applications coexist seamlessly. Converge: High-Performance Meets Hybrid Finance The Converge network is engineered for scale. With a native block time of just 100 milliseconds, and ambitions to reduce that even further to 50 milliseconds by Q4 2025, the network aims to deliver ultra-fast transaction finality. According to the roadmap, testnet deployment is expected in the coming weeks, with the mainnet launch slated for later in 2025. On the technical front, Converge is aiming for a throughput benchmark of one gigagas — meaning it intends to process billions of gas units per second. If achieved, this would make it one of the fastest and most scalable networks built to date, capable of supporting complex financial applications and tokenized real-world instruments. Bridging Two Financial Worlds What makes Converge stand out is its dual-purpose architecture. It’s being built to accommodate both permissioned applications — such as tokenized bonds, equities, or funds operated by regulated financial entities — and permissionless DeFi protocols that embody the open-source ethos of blockchain. This strategic convergence is timely. As the lines blur between crypto-native systems and traditional finance, projects like Converge may offer the infrastructure necessary to support the evolving needs of both sectors. However, this blending of TradFi and DeFi has sparked debate within the crypto community. While some view it as the natural next phase of blockchain evolution, others express concern over potential centralization and institutional overreach. The Institutional Perspective Institutional voices are also weighing in. In a recent interview, Franklin Templeton CEO Jenny Johnson highlighted the need for regulatory clarity as a crucial step toward harmonizing traditional and decentralized finance. She stressed that clear frameworks would not only reduce operational friction and costs but also unlock new avenues for innovation. Privacy concerns and legal uncertainties remain barriers for institutions entering DeFi, but industry leaders suggest these challenges are already being addressed. Shibtoshi, founder of the privacy-focused trading platform SilentSwap, shared with Cointelegraph that many of these roadblocks are being actively tackled. He noted that institutional engagement with DeFi has been rising for years, citing reports from 2021 that found nearly one-third of institutional crypto investors were already leveraging DeFi protocols — a number likely to have increased since. What’s Next for Converge? As anticipation builds around Converge’s testnet launch, the project signals a transformative step toward a hybrid financial future — one where blockchain-powered innovation meets regulatory readiness and real-world utility. Whether Converge becomes the cornerstone of this convergence will depend on more than just speed and scalability. Its ability to balance compliance with decentralization, performance with accessibility, and institutional adoption with community trust will define its legacy. One thing is certain: the race to merge TradFi and DeFi is on — and Converge just entered the arena. #ethena #Ethereum #ethena_labs

Ethena Labs and Securitize Unveil Converge: A High-Speed Blockchain to Bridge DeFi and Real-World As

In a bold move toward unifying decentralized finance (DeFi) with traditional finance (TradFi), Ethena Labs, the creator of the synthetic stablecoin USDe, and financial tech firm Securitize have revealed their preliminary roadmap for a new blockchain initiative named Converge. Announced via Cointelegraph, the project is poised to become a critical infrastructure layer for the next generation of digital finance — one where real-world assets (RWAs) and permissionless DeFi applications coexist seamlessly.
Converge: High-Performance Meets Hybrid Finance
The Converge network is engineered for scale. With a native block time of just 100 milliseconds, and ambitions to reduce that even further to 50 milliseconds by Q4 2025, the network aims to deliver ultra-fast transaction finality. According to the roadmap, testnet deployment is expected in the coming weeks, with the mainnet launch slated for later in 2025.
On the technical front, Converge is aiming for a throughput benchmark of one gigagas — meaning it intends to process billions of gas units per second. If achieved, this would make it one of the fastest and most scalable networks built to date, capable of supporting complex financial applications and tokenized real-world instruments.
Bridging Two Financial Worlds
What makes Converge stand out is its dual-purpose architecture. It’s being built to accommodate both permissioned applications — such as tokenized bonds, equities, or funds operated by regulated financial entities — and permissionless DeFi protocols that embody the open-source ethos of blockchain.
This strategic convergence is timely. As the lines blur between crypto-native systems and traditional finance, projects like Converge may offer the infrastructure necessary to support the evolving needs of both sectors.
However, this blending of TradFi and DeFi has sparked debate within the crypto community. While some view it as the natural next phase of blockchain evolution, others express concern over potential centralization and institutional overreach.
The Institutional Perspective
Institutional voices are also weighing in. In a recent interview, Franklin Templeton CEO Jenny Johnson highlighted the need for regulatory clarity as a crucial step toward harmonizing traditional and decentralized finance. She stressed that clear frameworks would not only reduce operational friction and costs but also unlock new avenues for innovation.
Privacy concerns and legal uncertainties remain barriers for institutions entering DeFi, but industry leaders suggest these challenges are already being addressed.
Shibtoshi, founder of the privacy-focused trading platform SilentSwap, shared with Cointelegraph that many of these roadblocks are being actively tackled. He noted that institutional engagement with DeFi has been rising for years, citing reports from 2021 that found nearly one-third of institutional crypto investors were already leveraging DeFi protocols — a number likely to have increased since.
What’s Next for Converge?
As anticipation builds around Converge’s testnet launch, the project signals a transformative step toward a hybrid financial future — one where blockchain-powered innovation meets regulatory readiness and real-world utility.
Whether Converge becomes the cornerstone of this convergence will depend on more than just speed and scalability. Its ability to balance compliance with decentralization, performance with accessibility, and institutional adoption with community trust will define its legacy.
One thing is certain: the race to merge TradFi and DeFi is on — and Converge just entered the arena.

#ethena #Ethereum #ethena_labs
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Bullish
Ethena's launch introduced a new governance token, $ENA, and a stablecoin, USDe, into the crypto market, amassing a $1.2 billion market cap. Despite controversies, investor interest remains strong. Ethena aims for enhanced decentralization and security, with a sophisticated mechanism for maintaining USDe's stability. This involves delta hedging and a unique Off-Exchange Settlement system for asset management, balancing efficiency and security. #ethena #ENA #USDe #binance #TrendingTopic
Ethena's launch introduced a new governance token, $ENA , and a stablecoin, USDe, into the crypto market, amassing a $1.2 billion market cap.

Despite controversies, investor interest remains strong. Ethena aims for enhanced decentralization and security, with a sophisticated mechanism for maintaining USDe's stability.

This involves delta hedging and a unique Off-Exchange Settlement system for asset management, balancing efficiency and security.

#ethena #ENA #USDe #binance #TrendingTopic
𝐄𝐭𝐡𝐞𝐧𝐚 𝐋𝐚𝐛𝐬 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝 750𝐌 $𝐄𝐍𝐀 𝐀𝐢𝐫𝐝𝐫𝐨𝐩 🔥🔥 5% of supply (750M ENA) is planned to be airdropped to early access airdrop campaign users. Initial circulating supply is 1.425B ENA. Ethena Labs is a synthetic dollar protocol with over $1B in TVL backed by Binance Labs, Dragonfly, Maelstrom, and others. 🔹 The Shard Campaign concludes April 1st. 🔸 ENA can be claimed on April 2nd. 🔹5% of ENA supply will be airdropped to users, before our second campaign begins. 🔸 Any user who unstakes or sells USDe before this date will not be eligible for the airdrop. 🔹 Listings on April 2nd followed immediately by the second season of incentives. 🔸 The largest 2k wallets will be subject to a 50% linear pro-rata vesting over 6 months. ⚡ 𝗠𝗼𝗿𝗲 𝗔𝗹𝗽𝗵𝗮, 𝗝𝗼𝗶𝗻 𝗨𝘀, 𝗙𝗼𝗹𝗹𝗼𝘄 𝗨𝘀, 𝗦𝗵𝗮𝗿𝗲 𝗨𝘀 ⚡ @Techandtips123 #ethena $ENA
𝐄𝐭𝐡𝐞𝐧𝐚 𝐋𝐚𝐛𝐬 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝 750𝐌 $𝐄𝐍𝐀 𝐀𝐢𝐫𝐝𝐫𝐨𝐩 🔥🔥

5% of supply (750M ENA) is planned to be airdropped to early access airdrop campaign users. Initial circulating supply is 1.425B ENA. Ethena Labs is a synthetic dollar protocol with over $1B in TVL backed by Binance Labs, Dragonfly, Maelstrom, and others.

🔹 The Shard Campaign concludes April 1st.

🔸 ENA can be claimed on April 2nd.

🔹5% of ENA supply will be airdropped to users, before our second campaign begins.

🔸 Any user who unstakes or sells USDe before this date will not be eligible for the airdrop.

🔹 Listings on April 2nd followed immediately by the second season of incentives.

🔸 The largest 2k wallets will be subject to a 50% linear pro-rata vesting over 6 months.

⚡ 𝗠𝗼𝗿𝗲 𝗔𝗹𝗽𝗵𝗮, 𝗝𝗼𝗶𝗻 𝗨𝘀, 𝗙𝗼𝗹𝗹𝗼𝘄 𝗨𝘀, 𝗦𝗵𝗮𝗿𝗲 𝗨𝘀 ⚡ @Techandtips123

#ethena $ENA
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Bullish
🚀 Exciting News! 🚀 In just 12 hours, the highly anticipated launch of ETHENA coin is happening! 🎉 Get ready to embark on a thrilling journey into the world of cryptocurrency with ETHENA. 🌐 🔥 Don't miss out on this opportunity to be part of something truly revolutionary! Join us as we launch ETHENA and pave the way for a brighter financial future! 💰 📢 To get started, simply create your account now. go to ETHENA official website and enter the special code (ap9zv) provided in the picture. It's your exclusive ticket to the ETHENA launch event! 🎟️ 💼 Once you've created your account, connect with your wallet and get ready to stake your ETHENA coins. 💼 Staking is not only a great way to support the network, but it's also an excellent opportunity to earn substantial profits! 💸 😀 Get ready to smile all the way to the bank as you watch your earnings grow with ETHENA! Don't let this chance slip away – join us in the excitement and start staking your ETHENA coins today! 💪 Remember, the future of finance is here, and it's powered by ETHENA! 🚀 #ETHENALAUNCHPOOL #ethena #Memecoins #BinanceLaunchpool #Malik_Traders
🚀 Exciting News! 🚀 In just 12 hours, the highly anticipated launch of ETHENA coin is happening! 🎉 Get ready to embark on a thrilling journey into the world of cryptocurrency with ETHENA. 🌐

🔥 Don't miss out on this opportunity to be part of something truly revolutionary! Join us as we launch ETHENA and pave the way for a brighter financial future! 💰

📢 To get started, simply create your account now. go to ETHENA official website and enter the special code (ap9zv) provided in the picture. It's your exclusive ticket to the ETHENA launch event! 🎟️

💼 Once you've created your account, connect with your wallet and get ready to stake your ETHENA coins. 💼 Staking is not only a great way to support the network, but it's also an excellent opportunity to earn substantial profits! 💸

😀 Get ready to smile all the way to the bank as you watch your earnings grow with ETHENA! Don't let this chance slip away – join us in the excitement and start staking your ETHENA coins today! 💪

Remember, the future of finance is here, and it's powered by ETHENA! 🚀

#ETHENALAUNCHPOOL #ethena #Memecoins #BinanceLaunchpool #Malik_Traders
--
Bullish
See original
$ENA {spot}(ENAUSDT) ENA is a rare phenomenon-level DeFi project that has experienced rapid growth and subsequent decline. ENA has fallen 87% from its peak, but has rebounded to around $1 billion after expanding the use of its stablecoin USDE. According to market forecasts, ENA's price is expected to grow by 72.31% in 2024 to about $0.69618. If this happens, this may indicate that ENA's current price is undervalued relative to its potential growth. Although Ethena's design risks are well handled, how to manage TVL after the end of the points/Shards program is a pressing issue. If Ethena's team can develop an effective strategy to maintain the demand and pledge rate of USDe, this may further enhance the value of ENA. #ena #ethena #ENAUSDT #ENAUSD #ENA走势分析
$ENA
ENA is a rare phenomenon-level DeFi project that has experienced rapid growth and subsequent decline. ENA has fallen 87% from its peak, but has rebounded to around $1 billion after expanding the use of its stablecoin USDE. According to market forecasts, ENA's price is expected to grow by 72.31% in 2024 to about $0.69618. If this happens, this may indicate that ENA's current price is undervalued relative to its potential growth.

Although Ethena's design risks are well handled, how to manage TVL after the end of the points/Shards program is a pressing issue. If Ethena's team can develop an effective strategy to maintain the demand and pledge rate of USDe, this may further enhance the value of ENA.
#ena #ethena #ENAUSDT #ENAUSD #ENA走势分析
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