ENA Token Jumps 14.72% After $260M Buyback, Whale Accumulation, and USDe Integration Boost

Ethena (ENAUSDT) has surged by 14.72% in the past 24 hours, currently trading at 0.7528 USDT on Binance. The price increase is primarily attributed to strong bullish sentiment driven by Ethena’s recent $260 million buyback announcement, significant whale accumulation of over 1 billion ENA tokens, and the growing adoption of Ethena’s USDe stablecoin, which was recently integrated with Transak and Pendle. High trading volume, exceeding $1.47 billion in the last 24 hours, and a market capitalization of approximately $5 billion reflect robust investor interest and momentum, with ENA ranking among the top 30 cryptocurrencies by market value.