Ethena ($ENA ) has exploded +150% in the last 30 days and +40% in just a week 📈.
💰 Massive Milestone: The protocol’s Total Value Locked has smashed through $10B for the first time powered by growing adoption of USDe, its synthetic dollar, now the world’s 3rd-largest stablecoin by market cap.
🐋 Whale Activity: Addresses holding 100k–1M ENA surged +12% in July, now owning ~30% of circulating supply.
⚡ Technical Breakthrough:
Golden Cross — 50-day EMA crossed above 200-day EMA ✅
Bullish MACD crossover 📊
RSI climbing toward overbought levels, showing strong momentum
📌 Outlook: With strong fundamentals + bullish technicals, $ENA could continue its upward charge if current momentum holds.
#ENA #Ethena #cryptouniverseofficial #CPIWatch #DeFiGetsGraded
