$ENA

*Ethena ($ENA) Update - August 4-5, 2025*

ENA is currently trading at $0.597018 with a market capitalization of $3.95 billion. Despite a slight decrease of 1.98% yesterday, $ENA has shown significant growth over the past few months, with a 120.28% increase in value.

*Future Projections:*

- By the end of 2025, ENA is expected to reach a maximum price of $1.07-$1.61.

- In 2026, the price could surge to $1.91-$2.27.

- Long-term forecasts suggest a bullish trend, with potential highs of $2.54 by 2030.

*Key Events:*

- A $100 million token unlock is scheduled for August 5, which could impact the price.

- The on-chain supply of Ethena's stablecoin USDe has surpassed $9 billion, reaching a new milestone.

Overall, $ENA shows promise for future growth, but investors should keep an eye on market trends and upcoming events