🔔 The current price of the currency is close to $0.73. $ENA
In the last 24 hours, it has achieved an increase of approximately +8% to +9%.
Over the week, the increase surpassed +17%, reflecting strong upward momentum.
🔹 Market Value and Activity
The market value has reached around $4.8 billion.
The daily trading volume is very active, exceeding $600 million, indicating significant interest from traders.
🔹 Recent Developments
1. Strong Revenue: The project has generated over $53 million in revenue in one week, which boosts confidence in its sustainability.
2. The stablecoin USDe associated with the project has expanded significantly, with a volume now exceeding $12 billion, maintaining good stability without losing its peg.
3. Whale Movements: Huge transfers from ENA to trading have been observed (approximately 80 million ENA over two weeks), which may indicate potential selling by large investors.
4. New Launches: There are new platforms and services coming related to the currency, in addition to a protocol fee conversion mechanism benefiting ENA holders, which may increase its value.
5. Unlocking of Tokens: About 40 million ENA have recently been unlocked, which may cause some short-term volatility in the price.
🔹 Conclusion
The currency is on an upward trend supported by strong fundamentals.
There are future growth opportunities due to revenue and product expansion.
However, attention should be paid to whale movements and unlocking events that may temporarily pressure the price.
