$ENA is currently trading at around $0.59 on Binance. It is the native token of the Ethena protocol, which supports synthetic dollars (USDe) and DeFi-related utilities. After a significant token unlock in March 2025 (~$833M), the price dropped significantly, testing a strong support between $0.33–$0.43. If $ENA can overcome the resistance of $0.43, it could rise to $0.60 or more. However, if it falls below $0.33, it could drop further to $0.26–$0.30. In the short term (1–3 months), $ENA could trade between $0.50–$0.65, and with strong adoption, it could reach $0.70–$1.00. Long-term growth depends on the actual use of the Ethena protocol.
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