$ENA Today's Headline for ENA (Ethena):

"Ethena (ENA) Holds Steady Amid Accumulation Phase — Eyes Set on $0.50 Breakout as Whale Activity Surges"

$ENA Today’s ENA (Ethena) Update

📅 Date: June 11, 2025

🪙 ENA Price Today: Around $0.3579

Change: Slight increase of about 0.07%

Day’s Range: Between $0.3348 and $0.3726

🔍 Technical Overview

ENA is in an accumulation phase, meaning it’s trading sideways and holding steady.

A bullish pattern (double bottom) is forming — if the price breaks above $0.50, it could signal a big upward move.

No major breakdowns have occurred, so market sentiment remains neutral to slightly positive.

🧠 On-Chain and Whale Activity

Six large wallets moved over 95 million ENA tokens (~$28 million) to Binance.

This could mean either:

Preparation to sell, which might push price down.

Or positioning for institutional moves, which could push price up.

📰 Recent Highlights

ENA was added to Coinbase’s roadmap, boosting investor confidence.

The Converge blockchain was launched (backed by Ethena), opening new DeFi opportunities.

ENA’s stablecoin (USDe) was integrated with TON blockchain, making it cheaper to use in Telegram-based DeFi apps.

⚠️ Key Level to Watch

If ENA crosses and holds above $0.50, traders may expect a strong rally.

Until then, it's considered in a wait-and-see zone.