$ENA ENA (Ethena) is the native token of *Ethena Labs*, a protocol offering synthetic dollars (USDe) backed by *crypto collateral and delta-neutral strategies* — aiming to create a decentralized, stable, and scalable digital dollar.

*Key Features ofENA:*

- Powers governance of the Ethena protocol

- Earned via staking, LP rewards, and ecosystem incentives

- Supports USDe stability and growth

- Designed for yield-generating synthetic dollar infrastructure

*Future Outlook:*

ENA has strong backing and is one of the few serious contenders in the *synthetic stablecoin* space. If adoption of USDe grows, and Ethena proves resilient in volatile markets,ENA could see significant long-term upside.

#ENA is a key player to watch in the evolution of decentralized stable value.