🚀 Ethena ($ENA ) in the spotlight 🔍💎
📅 August 5, 2025 → Unlocking of 171.88M ENA 💰 (≈ $104.82M, 2.7% of supply).
⚠️ This usually brings selling pressure 📉… but watch out 👀, the adoption of USDe and the Ethena DeFi ecosystem could support the price in the long term 📈.
💹 Current price: $0.78
📊 Market cap: $5.15B
💵 24h volume: $1.26B
📆 24h: -4.9% 🔻 | 7d: +31.9% 🚀
💡 What is Ethena?
🪙 ENA Token → Governance over USDe, a synthetic stablecoin on Ethereum ⚡
🎯 Goal: to offer a decentralized, scalable, and bankless stablecoin 🏦❌
⚙️ Strategy: staking ETH + delta-hedging in derivatives 📈🔧
📌 Opportunity for Binance investors:
✅ Possible entry point after the unlock 🎯
✅ Participate in staking, minting USDe, and governance voting 🗳️
📈 Key levels:
🛡️ Support: $0.58 – $0.59
🚪 Resistance: $0.62
📢 Tip: Follow the adoption of USDe 🏦💵, its growth could boost ENA.
⚠️ This is not financial advice. Do your own research before investing.