$ENA ENA, or Ethena, is a cryptocurrency available for trading on Binance. Here's what you need to know about ENA's current benefits and market performance:

*Current Price and Market Performance:*

- The current price of ENA is around $0.59, with a 24-hour trading volume of $862.52 million.

- ENA's market capitalization is approximately $3.96 billion, ranking #31 on CoinMarketCap.

- The token has shown strong bullish momentum, with a recent price surge of 13% despite a massive token unlock.

*Trading and Market Trends:*

- Derivatives volume for ENA has risen 46.24% to $3.5 billion, indicating increased trader interest.

- The Long/Short Ratio on Binance suggests most market participants expect ENA's price to continue rising, with a ratio of 1.95 favoring long positions.

- Technical indicators like Stochastic RSI support the bullish sentiment, with potential price targets at $0.68 and $0.70 if buying momentum continues ¹ ² ³.