A couple of days ago, Binance removed $ENA seed tags, and Upbit followed by launching trading for thena (ENA). Key support is KRW, meaning that local users in South Korea can trade directly with Korean won, which will drive capital inflow.
Ethena ($ENA) has currently made positive progress in both reducing regulatory risks and expanding market liquidity, which may indicate that it has passed the early stage and is gradually entering the mainstream cryptocurrency ranks.
Combined with its 'Synthetic Dollar' narrative and the overall warming of the stablecoin sector, ENA may have strong emotional driving potential going forward, making it worth continuing to track its on-chain growth and institutional movements.
Ethena ($ENA) has currently made positive progress in both reducing regulatory risks and expanding market liquidity, which may indicate that it has passed the early stage and is gradually entering the mainstream cryptocurrency ranks.
Combined with its 'Synthetic Dollar' narrative and the overall warming of the stablecoin sector, ENA may have strong emotional driving potential going forward, making it worth continuing to track its on-chain growth and institutional movements.
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