$ENA

📈 ENA Price Analysis – May 14, 2025

As of May 14, 2025, Ethena $ENA is trading at $0.4527, reflecting a 16.3% increase over the past 24 hours. This surge positions ENA as one of today's top-performing cryptocurrencies.

🔍 Market Overview

24h Trading Volume: Approximately $521.86 million

Market Cap: Around $2.61 billion

Circulating Supply: 5.82 billion ENA

All-Time High: $1.52 (April 11, 2024)

All-Time Low: $0.1951 (September 6, 2024)

The recent price movement suggests a potential short-term recovery, especially after ENA defended the $0.37 support level.

📊 Technical Insights

Analysts indicate that $ENA

is currently in a corrective phase, with projections estimating a price range between $0.146 and $0.192 by the end of 2025. However, the recent uptick may signal a short-term bullish trend.

📉 Recent Developments

Ethena's withdrawal from the German market has raised concerns about its regulatory standing in the EU. This move could impact investor sentiment and the token's long-term performance.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.