USDe of $ENA is one of the best-performing stablecoins in the past 30 days. It is easy to understand because if the market expects an uptrend, USDe will provide the most attractive APY compared to other stablecoins (based on its mechanism).

Ethena is also one of the few projects with a good product, strong revenue, and an attractive model in the recent crypto season. The project is highly regarded by most investment funds and OGs. For those who have been holding $ENA above $1, I think everyone will soon be in profit. The longer the uptrend lasts, the better the price growth of ENA, which can definitely create new highs. However, the room for ENA to grow will not be too much, so it's best to take profits and wait for better risk-reward opportunities.

The market is not short on opportunities; patience is the key!