$ENA Today, Ethena’s $ENA is making waves with a ~13% surge, trading around $0.60 despite facing a massive 171.8M token unlock scheduled for August 6th (~$100M in value). 📊

🔍 What’s Fueling the Surge?

$USDe Growth: Ethena’s synthetic stablecoin has now crossed $9.3B supply, making it the 3rd-largest stablecoin globally 🌍

TVL Explosion: With over $9.4B Total Value Locked, Ethena is now #6 among DeFi protocols 🏆