The current price of $ENA is 0.72, looking at 3.6 by the end of the year, with five times the potential worth paying attention to.

ENA is currently hovering around the price of 0.72, and this position has been consolidating for a while. From a fundamental perspective, the project team has made significant moves recently in the stablecoin business, especially in the expansion of the USDe payment channel, which has indeed brought more use cases to the entire ecosystem.

In terms of capital flow, there have been some signs of accumulation in large wallet addresses recently, indicating that the market's recognition of ENA is increasing. Technically, the 0.7 level has formed a strong support, with several attempts to dip below it failing, and it is now attempting to break through the short-term resistance at 0.75.

It is worth mentioning that the ENA team has done well in compliance, which is a plus in the current environment of tightening regulations. Given the current pace of development, seeing 3.6 by the end of the year is not impossible, which has about five times the potential for growth.

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