🚨🔥 ENA is shaking up the market: Massive token buyback via StablecoinX!

#Ethena launches StablecoinX — a next-generation crypto treasury structure, and immediately conducts a buyback of $260 million ENA from the market (8% of circulation)! This is one of the most aggressive moves in DeFi history.

🏦 What’s happening?

StablecoinX has received $360M in funding:

$260M — for the buyback of ENA tokens from the market

$40M — operational expenses

$60M — locked tokens from the Ethena Foundation

This turns ENA into a treasury asset — similar to MicroStrategy's actions, but with a DeFi token.

📊 Why is this important?

The massive buyback reduces supply, creating scarcity.

The "ENA per share" model is launched — like EPS in the stock market.

The more assets StablecoinX has, the higher the real value of ENA.

📈 The market reacts:

The price has already increased by +1.5% within hours after the announcement.

In a month, ENA has gained over 100%, with a clear increase in interest from whales.

🔮 What’s next?

New rounds of funding and buybacks are possible.

This could trigger long-term growth, similar to Ethereum, Solana, and MSTR.

✅ Conclusion:

Ethena is changing the game. ENA is becoming not just a token, but an investment asset with treasury backing. This is a new era for DeFi — and the beginning of a powerful trend.