$ENA ENA: A Rising Star in the Crypto Space

ENA, the native token of Ethena, is gaining momentum in the decentralized finance (DeFi) space. Recent developments have sparked optimism, driving the token's price up.

Recent Developments

- *Stablecoin Supply Surpasses $9 Billion*: Ethena's stablecoin supply has exceeded $9 billion, positioning ENA for remarkable performance. The token's price rallied 17% from $0.5321 to $0.6228 on its daily chart.

- *$8 Billion TVL Milestone*: Ethena's Total Value Locked (TVL) has reached $8 billion, underscoring its growing influence in the DeFi space. This milestone has contributed to the ENA token price surge.