The world of cryptocurrencies is experiencing another wave of optimism, and the Ethena token ($ENA ) — one of the main characters of this era. Over the last 24 hours, ENA has demonstrated an impressive growth of over 19%, reaching a price of $0.74, which has been a pleasant surprise for investors and traders.
ENA against the backdrop of the overall market
The overall cryptocurrency market is showing positive dynamics: Bitcoin, Ethereum, Solana, and other key assets are also showing gains, creating a favorable environment for lesser-known but promising tokens.$ENA took advantage of this wave, and its growth has become one of the most notable among new cryptocurrencies.
What lies behind ENA's success?
Increased interest in DeFi solutions, where Ethena positions itself as an innovative platform for creating stable digital assets.
Active trading on exchanges: ENA trading volumes have increased, indicating rising demand.
General positive sentiment in the market, which encourages investors to invest in new projects.
Ethena is a protocol that aims to create a stable cryptocurrency independent of traditional banking systems. The token $ENA is used for network governance, voting on proposals, and participation in decentralized financial instruments.
