$ENA
🔥 ENA Ignites Momentum: Will the $0.70 Breakout Hit This Week?
Ethena’s ENA token is trading near $0.595, after a brief rally that followed a major token unlock of 171.8M ENA. Despite initial concerns, price surged by over 13%, showing strong market confidence.
USDe—Ethena’s synthetic dollar—has now reached $9.3B in supply, boosting demand for ENA and pushing it to become the third-largest stablecoin.
Trading volume and futures interest are rising, signaling growing investor interest.
With solid support around $0.55, ENA is now eyeing a breakout above $0.70.
Watch closely—this setup could lead to the next explosive move.