According to BlockBeats, market data indicates that ENA token experienced a significant price increase following StablecoinX's announcement of securing $360 million in funding. The company plans to use the funds to acquire ENA tokens and intends to list its Class A common stock on the Nasdaq Global Market under the ticker symbol 'USDE.' As a result of this news, ENA's price briefly surged over 9%, currently quoted at $0.5275, with a sustained increase of 6.22% at the time of the report.