📈 ENA Forecast for August Will We Reach $1?
In the rapidly changing world of cryptocurrencies, some projects can surprise with their growth and adoption rates. One of them is (ENA) cryptocurrency, which gained a value of 145% in July 2025, attracting the attention of investors, analysts, and the Web3 community.
In today's post, we conduct a comprehensive technical analysis of ENA, discuss its recent developments, and present the most likely scenarios for August.
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🧠 What is (ENA)?
Ethena is a DeFi ecosystem focused on creating synthetic dollars (USDe), aimed at stability and global accessibility without the need for physical reserves. The ENA token serves as governance and utility, being an integral part of the collateral and buyback mechanism that removes a portion of the tokens from circulation.
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🔎 ENA in July 2025 – Month of Value Explosion
The increase of ENA in the last 30 days was an impressive +145%.
The price broke through levels of $0.45 at the beginning of July, reaching local peaks of $0.80 by the end of the month, before stabilizing around $0.59.
Key monthly data:
Price on August 2, 2025: $0.5911
July peak: $0.80
Lowest level: $0.45
30-day change: +145%
Trading volume: a noticeable increase from tens to hundreds of millions of USD
