$ENA is making the big move!!

Would it reach the red zone that I have marked?

ENA is the governance token for the Ethena protocol, used to vote on key decisions and elect Risk Committee members. Staking ENA gives holders sENA, a liquid receipt token that grants governance rights and rewards. Ethena has also introduced restaked ENA pools to support USDe transfers across chains.

Recently, ENA saw volatility from an $833M token unlock, community backlash over airdrop vesting rules, and notable whale accumulation. Despite price swings, ENA remains central to Ethena’s ecosystem and governance.

It is showing strngth and has fundamental to back it up!

#Write2Earn #DenzoTM