The logic behind the rise of $ENA has already been explained very clearly before.
On one hand, it stems from the broader environment:
· Institutions like BlackRock are applying for ETH ETF staking. Once the application is successful, it will definitely be a huge benefit for ETH staking ecological projects in the short term;
· Secondly, as long as ETH starts to surge upwards, ETH ecological projects will certainly experience a wave of general increases.
On the other hand, it comes from ENA itself:
ENA's earnings are mainly divided into two segments: ETH staking rewards + ETH short funding rates. Previously, the funding rates were an uncertain income, but now, due to the existence of YU, the only uncertainty has been eliminated, so ENA's earnings are currently basically stable, which is a significant advantage for ENA.
With support from both aspects, the rise of ENA is inevitable, so it is very appropriate to enter at a low point.
The ENA positioned at 0.644 in the previous club has now risen to 0.75, close to a 20% increase, and the 20x contract has already achieved a 2x return on gains.