Experts Say $ENA Could Hit $1 Soon — But Should You Buy Now or Wait? My Honest Take
I’ve been following $ENA closely, and the big question floating around is: “Can it hit $1 soon?”
Some analysts are optimistic, projecting $1–$1.20 thanks to Ethena’s strong fee generation and the steady adoption of USDe. Others are more cautious, suggesting a range of $0.70–$1.00 through 2025. So opinions are definitely divided.
Right now, ENA is trading around $0.635, after recently topping out near $0.85. It’s sitting right on its EMA-25 support, with $0.60 as the key level to watch. Hold above it, and bulls still control the narrative. Drop below, and we could see a deeper pullback.
Whale activity is also adding fuel to the volatility. Big players like Arthur Hayes are accumulating heavily, while others are aggressively shorting. That kind of split behavior usually makes the market choppy and hard to predict — which explains ENA’s wild swings.
My honest view:
For long-term spot buyers, ENA looks promising. Its fundamentals are strong, and as USDe adoption grows, so should ENA’s value.
For short-term scalpers or futures traders, I’d stay cautious. With whales battling it out, short-term moves are too unpredictable.
Personally, I see ENA as a hold-and-ride project — not something for quick flips.
