$ENA The crypto pair ENA refers to Ethena, a synthetic dollar protocol built on Ethereum. Here are some key details about ENA:
*Price and Market*
- The current price of ENA is $0.5898 with a market capitalization of $3.9 billion.
- The 24-hour trading volume is $946.08 million.
- ENA is ranked #31 in the cryptocurrency rankings.
*Features*
- Ethena is a DeFi protocol that offers a stable and scalable synthetic currency solution without relying on traditional banking systems.
- The protocol uses liquid staking tokens to ensure stability and generate returns.
- ENA is the native token of the protocol, used for governance and incentives ¹ ².
*Technical Analysis*
- According to analysts, ENA shows bullish signals, with a potential increase of 30% towards $0.85.
- Some analysts predict a short-term correction, with price targets at $0.4910 or $0.5180.
*Trading Platforms*
- ENA is available on several trading platforms, including Binance, KuCoin, and TradingView.
- You can buy ENA on these platforms by creating an account and depositing funds.