$ENA Ethena (ENA) — August 2025 Update

1.July Breakout: ENA surged from ~$0.25 to over $0.62 in early August—one of DeFi’s strongest rallies, led by rising TVL and protocol growth. 

2.TVL Milestone: Ethena’s synthetic stablecoin USDe TVL crossed $10 billion, boosting protocol credibility and investor confidence. 

3.Recent Rally: ENA jumped over 40% in just one week, propelled by strong fundamentals and growing adoption. 

4.Price & Market Stats: Trading around $0.65, ENA has a market cap of ~$4.3 billion, daily volume of ~$600 million, and TVL near $11.7 billion. 

5.Token Unlock Risk: A $100 million unlock (2.7% of supply) hit on August 5 may offer short-term sell pressure, though price consolidation remains bullish so far.  

6.Technical Outlook: Price is consolidating between $0.58–$0.62, with RSI around mid-60s—momentum remains intact, with breakout possible above $0.63

7.Community Buzz: Whale accumulation and DeFi media attention heightened—with integration into yield markets and governance playing key role

8.Future Projections: Analysts forecast ENA could reach up to $1.50 by year-end, with long-term potential reaching $2–$3 range.  

9.Fundamental Edge: ENA backs Ethena’s innovative USDe model—a delta-neutral synthetic stablecoin offering yield without traditional collateral.

10. Bottom Line: Ethena (ENA) blends powerful DeFi mechanics, rising adoption, and active token dynamics—making it a compelling,