Ethena Labs is positioning itself as a key project at the intersection of DeFi and traditional finance, offering innovative solutions such as USDe and the Converge network. With a decentralization-centered approach and integration with real assets, Ethena has the potential to redefine the future of digital finance.
Many people struggle to understand the situation of some projects in a bear market, where asset prices plummet amid the global economic situation. They forget that, at some point, the market can return a buildup of successive exponential highs, just as has happened in previous cycles.
In the cryptocurrency market, it is essential to distinguish between price and value. The price represents how much investors are willing to pay for an asset at a given moment — subject to speculation, hype, and market volatility. Value, on the other hand, is linked to the fundamentals of the project, such as its real utility, level of adoption, technological innovation, and decentralized governance. While the price can fluctuate significantly in the short term, value is built over the long term, based on the impact that the cryptocurrency or protocol has within and outside the blockchain ecosystem. Understanding this difference is crucial for more informed and sustainable investment decisions.
With the growing adoption of USDe and the launch of the Converge network, the token $ENA has potential for appreciation. Analysts predict that ENA could reach $4.66 by November 2025, driven by the growth of DeFi and integration with real-world assets.
Some changes proposed by the US Congress already reflect a trend in the US to adopt a more favorable stance towards innovation in the crypto-assets sector, seeking to balance consumer protection with incentives for technological development.
