1. Tied to USDe an alternative to stable coins. 2. Genius act narrative with stable coin thesis tailwind. 3. ETH/DEFI beta used in Layer 2 solutions 4. Token is yield bearing with staking and governance rewards.
Just SMASHED through the major resistance zone at $0.64โ$0.75 with MASSIVE volume โ the bulls are full throttle and taking over! ๐๐ฅ This isnโt just a breakout, itโs a LAUNCHPAD blasting #ENA straight toward $1.50 and beyond! ๐๐ $ENA Go Big OR Go Home
Ether reaching $4,000 signifies a significant milestone, breaking through a long-term resistance level and indicating renewed confidence in Ethereum's fundamentals.
The ETH/BTC ratio has also seen a substantial increase, rising 3% in the past hour and 42% over the last month, suggesting a shift in investor preference towards Ethereum. $ETH
Ethena has now become the third-largest stablecoin in the world. Backed by this massive capital, it stands as one of the most profitable Web3 products in todayโs blazing market.
Now, $ENA is meeting the most passionate market "Korea" through its listing on Upbit.