🚀 Ethena breaks records: +150% in 30 days and historic TVL of $10B 🔥
What is happening with ENA?
The Ethena token is in rally mode, driven by explosive growth of its stablecoin USDe, which has just become the 3rd largest in the world by market capitalization.
📊 Key data:
+150% in 30 days
+40% in the last week
Record TVL: $10 billion
USDe: now the third largest stablecoin
23 blockchains supported via LayerZero
$743M in cross-chain trading in 7 days
🐋 Whale movement
Wallets with 100k–1M ENA ↑ 12% in July
Now hold 30% of the circulating supply
Daily buybacks of $5M in ENA reduce the supply
Weekly accumulation of +30% by large investors
📈 Technical analysis
Golden cross: EMA 50 > EMA 200 ✅
MACD: bullish cross ✅
RSI: 74 (strong momentum, but not extreme overbought) ✅
Bullish flag pattern broken with +14.7% on August 10
Resistances: $0.8741 and $1.00 (psychological key)
Bullish targets: $1.25 – $1.50 if it breaks $1 with volume
Supports: $0.70 – $0.56 – $0.47
⚠️ Short-term risks
High volume in 48h ($29.8M) → possible strong volatility.
If it loses $0.70, it could seek lower supports.
💡 Outlook
The combination of real growth + technical signals + institutional accumulation makes ENA one of the most attractive DeFi tokens at the moment.
If it can consolidate above $1, the path to $1.25–$1.50 is feasible in the short/medium term.
💬 Do you think Ethena will be able to maintain the rally or are we close to a massive profit-taking?
