$ENA

Ethena (ENA) is currently trading at $0.5898 with a 2.21% increase in the last 24 hours. The token's market capitalization stands at $3.9 billion, and its 24-hour trading volume is $946.08 million. ENA has a circulating supply of 6.62 billion coins, with a maximum supply of 15 billion coins.

*Key Statistics:*

- *Current Price*: $0.5898

- *Market Capitalization*: $3.9 billion

- *24-hour Trading Volume*: $946.08 million

- *Circulating Supply*: 6.62 billion ENA coins

- *Maximum Supply*: 15 billion ENA coins

*Recent Performance:*

- ENA surged 14% in the last 24 hours, driven by positive sentiments surrounding USDe, Ethena's synthetic dollar-pegged stablecoin

- USDe supply reached an all-time high of $8.73 billion, indicating growing user adoption and capital inflows into the protocol

- Technical indicators suggest increasing bullish momentum, with the Relative Strength Index (RSI) at 62.12 and expanding BBTrend bars

*Price Prediction:*

- Analysts predict ENA could rally toward $0.77-$0.90 Fibonacci resistance area if bullish momentum continues

- However, if demand weakens or market sentiment shifts, ENA may face a pullback toward the $0.48 support zone