🔎 Latest news about $ENA
📉 Observing the price action, Ethena ($ENA) is experiencing a strong correction of nearly 6%. The "synthetic dollar" protocol is undergoing a profit-taking phase after its impressive rally in previous days.
💡 According to analysts, the performance of $ENA is closely tied to the overall health of the DeFi market and the funding rates of derivatives. The current risk aversion is affecting short-term sentiment.
🛡️ According to the Ethena blog, the team continues to work on expanding the utility of its stablecoin USDe through new integrations. Despite the volatility, the long-term fundamentals of the project remain intact.
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⚠️ Remember that each person makes their own investment decisions and this content does not represent financial advice.
